Search Results for: high yield

U.S. High Yield Credit spreads are fine. Could the market go wrong by predicting significant interest rate cuts? Picture source: Fidelity Investments

Global High Yield Bond Spreads Since 2017 High yield bond spreads have widened recently (difference in yields between high yield bonds and comparative government bonds). Picture source: BlackRock

U.S. High-Yield Credit Spreads High-yield credit spreads are still below recession level (red line). A widening high-yield spread remains a useful indicator for predicting a coming recession in the current interest rate environment. See also “A Widening of Credit Spreads Is Very Useful to Predict a Recession“

S&P 500 vs. Percentage of Sectors at All-Time Highs Currently, only three sectors are at all-time highs, while 60% of the yield curve is inverted. Picture source: Crescat Capital LLC

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