10-Year Government Real Bond Yield

10-Year Government Real Bond Yield Some emerging markets still have positive 10-year government real bond yields. Image: Alpine Macro

Returns – U.S. Stock-to-Bond Ratio

Returns – U.S. Stock-to-Bond Ratio Should U.S. equity investors be worried that the U.S. stock-to-bond ratio is at an extreme level? Image: Alpine Macro

Cumulative Bond Flows

Cumulative Bond Flows Are bonds the place to be in 2022? Image: Deutsche Bank Asset Allocation

ISM YoY and U.S. 2+10-Year Bond Yield YoY (Leading Indicator)

ISM YoY and U.S. 2+10-Year Bond Yield YoY (Leading Indicator) The U.S. 2+10-year bond yield YoY (inverted) tends to lead the ISM YoY by 18 months, suggesting that the growth momentum is expected to fade through H1 2022. Image: Nordea and Macrobond

China’s Bond Market

China’s Bond Market China’s bond market is growing fast. Image: Gavekal, Macrobond