Corporate Bond Defaults

Corporate Bond Defaults Corporate bond defaults are on the rise this year: US$70bn in Q2 2020, the largest on record. Image: Institute of International Finance

Correlation of U.S. Bonds to S&P 500

Correlation of U.S. Bonds to S&P 500 The diversification benefit of bonds could be reduced, as the correlation of U.S. bonds to equities has become less negative. Image: Morgan Stanley Research

60/40 Equity/Bond Portfolio Performance Across Regions

60/40 Equity/Bond Portfolio Performance Across Regions This chart shows the dominance of the U.S., as U.S. assets have grown bigger than those of Europe and Japan. Image: Goldman Sachs Global Investment Research

Bond Yields, U.S. Dollar and Stock Market

Bond Yields, U.S. Dollar and Stock Market According to BofA, the biggest summer pain trade would be a rise in bond yields, a falling U.S. dollar and a sideways stock market. Image: BofA Global Investment Strategy