1-Month Correlation with the S&P 500
1-Month Correlation with the S&P 500 The equity/bond correlation has risen back above zero, driven by real rates. Image: Goldman Sachs Global Investment Research
1-Month Correlation with the S&P 500 The equity/bond correlation has risen back above zero, driven by real rates. Image: Goldman Sachs Global Investment Research
Stock Correlations with Treasury Yields and HY Spreads The correlation between stocks and Treasury yields has broken down since the Pfizer/BioNTech vaccine announcement, while the relationship with HY spreads has remained stable. Image: Credit Suisse
Tech Stocks – S&P 500 Information Technology Index and 10-Year U.S. Treasury Yield – 200-Day Correlation How much should tech stocks trade like bond proxies? Can high concentration in tech stocks increase market fragility? Image: Morgan Stanley Wealth Management
Correlation – CCC vs. BBB-rated U.S. Corporate Bonds Investors rush into junk bonds. Is it time to worry? Image: Arbor Research & Trading LLC
Small Cap vs. Large Cap Correlation with US 10-Year Breakeven When inflation expectations rise, small-caps tend to outperform large caps. Image: BofA Global Investment Strategy
Inflation and Equity/Bond Correlation Investors are watching inflation very closely. When inflation is high, the equity/bond correlation tends to turn positive. Image: Goldman Sachs Global Investment Research
Correlation Between U.S. 10-Year Treasury Note Yields and the S&P 500 Will the negative correlation between U.S. 10-year Treasury note yields and the S&P 500 persist this time? Image: Arbor Research & Trading LLC
U.S. Stocks – Average Stock Correlation in the S&P 500 It is a market of stocks rather than a stock market, as the average stock correlation in the S&P 500 has fallen significantly. Image: Gavekal, Macrobond
1-Year Correlation – S&P 500 vs. U.S. Dollar Index How long will the negative correlation between the S&P 500 and the U.S. dollar persist? Image: Morgan Stanley Research
Bitcoin Correlations with Asset Classes Bitcoin is positively correlated with equities and commodities. Should more investors add Bitcoin to their portfolio? Image: BofA Global Research