U.S. 10-Year Yield Leads Global PMI
This interesting chart suggests that the U.S. 10-year yield (2-year change) leads global PMI by 18 months.
Source: Macrobond and Brandywine Global
This interesting chart suggests that the U.S. 10-year yield (2-year change) leads global PMI by 18 months.
Source: Macrobond and Brandywine Global