Negative Yielding Bonds in the Barclays/Bloomberg Global Aggregate Index These charts put things into perspective. Keep in mind that bondholders will get back less than what they paid if they hold bonds to maturity. Negative yield bonds are also a tax on bondholders. Picture source: Bianco Research
U.S. 10-Year Treasury Bond Yield vs. U.S. Nominal GDP The U.S. 10-year Treasury bond yield is highly correlated with the U.S. nominal GDP growth (correlation = 77%). Picture source: KKR Global Macro
Global Bond Market This chart shows the growing global “bond bubble.” Since 2000, the global bond market has tripled in size. Picture source: J.P. Morgan Asset Management
U.S. Bond ETFs Top Inflows Record In June, investors significantly increased their exposure to bond funds, as weak economic data fuels slowdown worries. U.S. bond ETF inflows hit $25.4bn. Picture source: Financial Times
Best First Half for U.S. Equities and U.S. Bonds since 1995 Since 1995, it is the best first half for U.S. equities and U.S. long bonds, despite the challenge of low bond yields. Picture source: Financial Times
