U.S. 10-Year Treasury Bond Yield and U.S. 10-Year Nominal GDP The long-term trend in U.S. nominal GDP growth is a good indicator of U.S. nominal bond yields. Image: Goldman Sachs Global Investment Research
U.S. 10-Year Treasury Bond Yield vs. U.S. Nominal GDP The U.S. 10-year Treasury bond yield is highly correlated with the U.S. nominal GDP growth (correlation = 77%). Image: KKR Global Macro
Brent Price vs. 10-Year Treasury Bond Yield vs. S&P 500 This chart shows that oil prices are a good indicator of global economic growth and investors are concerned about a global economic slowdown. Image: Pictet Wealth Management
Should Investors Be Concerned About Rising Oil Prices? Because the U.S. becomes entirely self-sufficient, it helps to contain oil prices in the long-term. Cheap oil is good for global economic growth, business and consumers. Image: J.P. Morgan Asset Management