In chart 1 above you have written that in 1959 stocks began to yield more than bonds for the first time? Doesn't the chart show just the opposite? Beginning in 1959 bonds began their climb in yield to the peak that they reached in the early 80's when Paul Volcker engineered the highest short term interest rate levels in history?? Since reaching nearly a 15% yield in 1981, long-term treasury bond yields have been falling for the past 33 years.