Search Results for: bond

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

Dividend Yield vs. Corporate Bond Yield This chart shows that dividend yields of European companies appear more attractive than corporate bond yields. Picture source: Goldman Sachs Global Investment Research

Bond Yields and QE Chart showing that bond yields tend to move higher after QE starts. Picture source: J.P. Morgan

Global Equity vs. Bonds and U.S. Unemployment Rate and Recessions The chart shows that the U.S. business cycle drives global asset allocation and suggests a possible U.S. recession in 2020. Picture source: Pictet Asset Management

Global Negative Yielding Bonds This chart shows all bonds in the world at negative interest rates. Picture source: Goldman Sachs Global Investment Research

Stocks Dividend Yields Exceed Government Bond Yields in Major Countries In major countries, dividend yields are now significantly higher than yields on 10-year bonds. Picture source: Charles Schwab

Global Bond Fund Flows Over the past 3 months, investors have injected $160bn into bond funds, fearing a global recession. Picture source: BofA Merrill Lynch

Demographics – U.S. Population Aging and Pension Demand for Bonds This chart suggests that U.S. pension demand for bonds is going to increase, as the proportion of 65+ rises. Picture source: Oxford Economics, Macrobond

S&P 500 Dividend Yield and 30-Year Treasury Bond Are U.S. equities a “buy”? The dividend yield of the S&P 500 Index is now higher than the yield from a 30-year Treasury bond. This is a rare phenomenon. But keep in mind that the equity risk does not disappear because a company pays a dividend. Picture…