Search Results for: yield

10-Year U.S. Government Yield After more than a decade, 10-year U.S. government yields have finally returned to their long-term average levels of 4.5%. Image: Deutsche Bank

U.S. 10-Year Treasury Yield Since 1790 Factors like inflation, economic growth, and the Fed’s monetary policy can all impact the trajectory and duration of the U.S. bond bear market. Image: BofA Global Investment Strategy

S&P 500 Dividend Yield and 10-Year Treasury Yield U.S. Treasuries may currently appear attractive compared to the S&P 500 dividend yield. Image: The Daily Shot

Average U.S. 10-Year Treasury Yield Move Before and After the Last Fed Hike in the Cycle Historically, after the last Fed rate hike, U.S. 10-year Treasury yields have tended to trend lower on average. Image: Deutsche Bank

Valuation – S&P 500 Forward P/E and 10-Year U.S. Real Yield The current valuation of U.S. stocks does not accurately reflect the impact of real interest rates on the economy. Will the valuation disconnect be temporary? Image: Goldman Sachs Global Investment Research

Consecutive Trading Days of Inverted 10Y-3M U.S. Treasury Yield Curve The inversion of the 10Y-3M UST yield curve typically reflects market expectations of slower economic growth and potentially lower interest rates in the future. Image: Morgan Stanley Wealth Management

S&P 500 Earnings Yield – UST 3-Month Yield Historically, when the cash yield is higher than the earnings yield, this can be seen as a headwind for U.S. equities, as investors may be more inclined to allocate their funds towards cash investments rather than stocks. Image: BofA Global Investment Strategy

Probability of U.S. Recession Calculated from the Yield Curve The probability of a U.S. recession in 12 months, calculated from the yield curve, stands at 70.6% in August. Image: Federal Reserve Bank of Cleveland

U.S. Unemployment Rate vs. 10-Year UST Yield and 3-Month UST Yield A bull steepener occurs when the U.S. unemployment rate increases. Image: Gavekal, Macrobond

10-Year U.S. Treasury Yield The breaking of a 40-year downtrend in the 10-year U.S. Treasury yield suggests a shift in market dynamics. Image: Morgan Stanley Wealth Management