% of S&P 500 Stocks with Dividends Yields Greater than the 10-Year Treasury Yield Dividend yields on S&P 500 stocks seem competitive vs. U.S. Treasuries, but equity risk does not disappear because a company pays a dividend. Image: Truist
Liquidity – Average Daily Trading Volumes U.S. treasuries are the most liquid class of assets, with an average of $485 billion a day in 2018. Image: howmuch.net
Treasury Holdings: Who Are the Major Foreign Holders of U.S. Treasury Securities? Currently, the two major foreign holders of U.S. Treasury securities are Japan and China. Japan surpasses China as largest foreign holder of U.S. Treasuries. Image: Department of the Treasury/Federal Reserve Board Click the Image to Enlarge
S&P 500 When ISM Manufacturing Index Rises Above 50 When the ISM Manufacturing Index rises above 50, U.S. Treasuries and the U.S. dollar tend to weaken, while the S&P 500 tends to rise. Image: Nordea and Macrobond
S&P 500 Stocks with Dividend Yields Above 30-Year Treasury Yield Yields on U.S. equities seem competitive vs. U.S. Treasuries, but equity risk does not disappear because a company pays a dividend. Image: Legg Mason
U.S. vs. China Trade Balance and Treasury Holdings China’s Treasuries holdings drop, while the U.S.-China trade balance shrinks very slightly amid the trade war. Image: BofA Merrill Lynch Global Research
Fed and Flow of Funds Annual U.S. Treasury Purchases by Sector In 2020, the Fed is expected to buy more than $510 billion in U.S. Treasuries. Image: Goldman Sachs Global Investment Research
Size of Treasury Markets The U.S. Treasuries market is the largest in the world. Image: Deutsche Bank Global Research
Yield Comparison – S&P 500 Didivend Aristocrats and 10-Year U.S. Treasury S&P 500 dividend aristocrats are once again higher than 10-year U.S. Treasuries. Image: Legg Mason
Foreign Holdings of U.S. Treasury Securities by Selected Countries Japan and China are the two major foreign holders of U.S. Treasury securities. Currently, Japan surpasses China as largest foreign holder of U.S. Treasuries. Image: Goldman Sachs Global Investment Research