$11 Trillion Bonds Globally Trade At Negative Interest Rates The total amount of negative interest rates climbed to USD 11 trillion. Investors are paying governments for the privilege of holding their bonds and are losing so much money in real terms. Image: Deutsche Bank Global Research
Gold vs. 10-Year U.S. Real Rate Gold tends to be negatively correlated with U.S. real interest rates. Image: Morgan Stanley Wealth Management
Global Negative Yielding Debt The amount of negative-yielding global debt is disappearing quickly. Image: BofA Global Investment Strategy
Rates – U.S. 10-Year Real Interest Rate How long will real U.S. 10-year interest rates remain negative? Image: BofA Global Investment Strategy
Probability of Negative Returns, Based on S&P 500 Total Returns from 1929-Present Historically, lengthening one’s time horizon has been one approach to reducing losses. Image: BofA US Equity & Quant Strategy
Interest Rates – Global Rate Cuts vs. Global Rate Hikes Could global rate hikes have a significant negative impact on markets? Image: BofA Global Investment Strategy
S&P 500 24-Month Forward Dividend Yield vs. U.S. 10-Year Rates Negative real rates are still supporting U.S. equities. Image: Goldman Sachs Global Investment Research
The Long-Term Correlation Between U.S. Stocks and U.S. Interest Rates Rising interest rates tend to have a negative effect on earnings and the stock market. Image: Real Investment Advice
Real U.S. 30-Year Interest Rates How long will real U.S. 30-year interest rates remain negative? Image: BofA Global Investment Strategy
Corporate Profits – S&P 500 Index Trailing 12-Mo. Operating Margin and U.S. CPI Less U.S. PPI The gap between CPI and PPI is deeply negative. Are U.S. coporate profits at risk in the next 12 months? Image: Morgan Stanley Wealth Management