High Yield Bond Flows

High Yield Bond Flows Investors have chased higher returns by taking on more risk with high yield bonds, a strategy that can yield lucrative rewards but also exposes them to heightened vulnerability should market conditions deteriorate. Image: BofA Global Investment Strategy

U.S. 10-Year Treasury Yields Forecast

U.S. 10-Year Treasury Yields Forecast Goldman Sachs forecasts the 10-year U.S. Treasury yield at 4.00% by the end of 2024, which differs very slightly from the expectations of the futures market. Image: Goldman Sachs Global Investment Research

High-Yield (HY) Spread USD

High-Yield (HY) Spread USD Goldman Sachs’ outlook for high-yield spreads over the next 12 months is that they are expected to remain virtually unchanged. Image: Goldman Sachs Global Investment Research

U.S. 10-Year Treasury Yield – Weekly Chart

U.S. 10-Year Treasury Yield – Weekly Chart BofA expects the 10-year U.S. Treasury yield to rise to 4.25%-4.5% in Q1 or H1, before falling back to 3.25% by the end of 2024. Image: BofA Global Research

10-Year U.S. Treasury Yield Macro Fair Value

10-Year U.S. Treasury Yield Macro Fair Value BofA’s macroeconomic framework indicates a fair value for the 10-year U.S. Treasury yield of 4.1%. Image: BofA Global Research

S&P 500 Earnings Yield – UST 3-Month Yield

S&P 500 Earnings Yield – UST 3-Month Yield Historically, when the cash yield exceeds the earnings yield, this is often seen as a headwind for equities, as investors tend to prefer allocating their funds to cash investments rather than stocks. Image: BofA Global Investment Strategy

U.S. Rates – 2-Year and 10-Year Treasury Yield Forecasts

U.S. Rates – 2-Year and 10-Year Treasury Yield Forecasts BofA still forecasts the 10-year UST yield at 4.25% and the 2-year UST yield at 4.00% by year-end 2024, suggesting the possibility of a downward trend in borrowing costs. Image: BofA Global Research