MSCI World and World Technology 12-Month Forward Earnings Yield Minus U.S. 10-Year Bond Yield
Over the last 4 years, the MSCI World tended to decline when the yield gap was close to 2%.
Image: Societe Generale Cross Asset Research
Over the last 4 years, the MSCI World tended to decline when the yield gap was close to 2%.
Image: Societe Generale Cross Asset Research