Search Results for: 10-year

U.S. 10-Year Treasury Yields Forecast Goldman Sachs forecasts the 10-year Treasury yield at 1.85% by the end of 2022. Image: Goldman Sachs Global Investment Research

Valuation – 10-Year Government Bond Yield (U.S. and Italy, Advanced by 3-Months) and World Equities 12-Month Forward PE (Leading Indicator) The low levels of government bond yields help to explain the world’s stock market valuation. Image: BCA Research

S&P 500, U.S. 10-Year Government Bond Yield and Blended Expected Growth Rate of S&P 500 Operating EPS The S&P 500 is vulnerable to higher yields or disappointing economic activity. Image: BCA Research

CTAs’ Net Positions in 10-Year U.S. Treasury Futures vs. the 10-Year U.S. Treasury Yield CTAs look likely to close out their long Treasury positions. Image: Nomura

China 10-Year Bond Yield and Shanghai Composite Index China is leading all asset markets. The Shanghai Composite Index could decline with Chinese bond yields as a result of a weaker growing economy. Image: BofA Global Investment Strategy

Cyclical/Defensive Equities Ratio vs. 10-Year Treasury Yield The rise in the cyclical/defensive equities ratio still suggests a rise in 10-year yields. Image: Morgan Stanley Research

Copper to Gold Ratio and U.S. 10-Year Treasury Yield (Leading Indicator) The copper to gold ratio tends to lead the U.S. 10-year Treasury yield. Image: Morgan Stanley Research

U.S. 10-Year Breakeven Inflation Rate and U.S. 10-Year Real Rate Inflation isn’t dead, as traders expect U.S. inflation to rise meaningfully over the coming decade. Image: Goldman Sachs Global Investment Research

S&P 500 Equity Risk Premium – Consensus Bottoms Up Earnings Yield – 10-Year Treasury Yield As low real yields are driving investors to equities, could stocks continue to rise if the equity risk premium falls to 3%? Image: Morgan Stanley Research

Russell 2000/Nasdaq 100 and Real U.S. 10-Year Yields This chart highlights the current divergence between real U.S. 10-year yields and the Russell 2000 relative to the Nasdaq 100. Image: Morgan Stanley Research