M1 Money Supply vs. Yield Curve and Recessions

M1 Money Supply vs. Yield Curve and Recessions Great chart showing the correlation between M1 money supply and the yield curve. The key factor for inverted yield curves is tight money. Picture source: BofA Merrill Lynch Global Research

Cyclical/Defensive Equities Ratio and 10-Year Treasury Yield

Cyclical/Defensive Equities Ratio and 10-Year Treasury Yield The chart shows the correlation between the cyclical/defensive equities ratio and the 10-year treasury yield, signaling an economic slowdown. Picture source: Morgan Stanley Research

Dividend Yield vs. Corporate Bond Yield

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

Holders of Negative Yielding Debt

Holders of Negative Yielding Debt Central banks hold 79% of negative-yielding debt. Picture source: Deutsche Bank Global Research

U.S. Bond Yields and QE

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

U.S. 2s10s Yield Curve and Recessions since 1941

U.S. 2s10s Yield Curve and Recessions since 1941 Since 1941, three recessions have occured without 2s10s yield curve inversion. The yield curve is a great recession indicator among others. Picture source: Deutsche Bank