U.S. Bond Market Hedged and Unhedged Investors are frantically searching for yield, knowing that 25% of all bonds in the world trade at negative interest rates. Our world is aging with high levels of debt and low interest rates (maybe for a long time). Image: Fidelity Investments
Stock Plus Bond Market Capitalization as a Percentage of Nominal GDP The current reading is pretty high at 274.47%. You may also like the “Stock Market Valuation” and “S&P 500 Index – Earnings & Valuation.” Image: Bianco Research
Global Bond Market This chart shows the growing global “bond bubble.” Since 2000, the global bond market has tripled in size. Image: J.P. Morgan Asset Management
Seasonality Effect in the Bond Market This interesting chart shows the seasonality of 30-year Treasury bond. Image: Commodity Seasonality
For the Last Few Years, Equity Markets Have Been Leading Bond Markets When both markets do not react simultaneously, then one market leads the other and the securities are mispriced temporarily. Image: Hayek and Keynes
U.S. Yield Curve 2s10s vs. Emerging Market High Yield Junk Bond Price Is a recession looming and are peak yields imminent? Image: BofA Global Investment Strategy
Long-Term Treasury Yield – The Great Bond Bull and Bear Markets Is a great bear bond market underway? Image: BofA Global Research
Reflation Trade – U.S. Bond and Equity Markets Is the U.S. reflation trade still alive? Image: BCA Research
MSCI World vs. U.S. 10-Year Bond Performance Around Bear Markets After the shortest, and one of the sharpest bear markets in history, the equity vs. bond performance is now better than post-GFC. Image: Goldman Sachs Global Investment Research
Global Equity Market – MSCI All-Country World vs. 30-Year T-Bond After a strong rally, should investors expect a consolidation in the global equity market in the coming months? Image: BCA Research