$11 Trillion Bonds Globally Trade At Negative Interest Rates

$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

Probability of Negative Returns, Based on S&P 500 Total Returns from 1929-Present

Probability of Negative Returns, Based on S&P 500 Total Returns from 1929-Present Lengthening the investment time horizon can reduce U.S. equity losses by allowing investors to ride out short-term market fluctuations and benefit from the long-term growth potential of equities. Image: BofA US Equity & Quant Strategy

Gold vs. 10-Year U.S. Real Rate

Gold vs. 10-Year U.S. Real Rate Gold tends to be negatively correlated with U.S. real interest rates. Is gold at risk of price decline? Image: Morgan Stanley Wealth Management

S&P 500 Forward EPS vs. Fed Funds Rate

S&P 500 Forward EPS vs. Fed Funds Rate When forward EPS growth goes negative, the Federal Reserve typically does not hike rates. Image: Morgan Stanley Research

Global Negative Yielding Debt

Global Negative Yielding Debt The amount of negative-yielding global debt has fallen to zero. Image: BofA Global Investment Strategy