Search Results for: Baa

BAA Corporate Yield (Inverted) vs. S&P 500 Can stocks keep rising or should investors expect a market correction? Image: BCA Research

Yield Spread (Baa Bonds – Utility Dividends) Chart suggesting that utilities are cheap relative to Baa bonds. Image: Morgan Stanley

Yield Spread (Baa Bonds – Utility Dividends) This interesting chart suggests that utilities are currently cheap. Image: Morgan Stanley Research

S&P 500 Index The current rally is underpinned by solid employment data and improving trade sentiment. If the S&P 500 can sustain levels above 6,000, the only major resistance ahead is the all-time high near 6,150. Image: Bloomberg

U.S. Private Sector Yield Curve Currently, the U.S. private sector yield curve (20-year Baa bonds/bank prime rate) is the most inverted since October 2007. Image: GnS Economics