The S&P Municipal Bond New Jersey General Obligation Index has seen its weighted
average yield rise by 21bps in 2015 eerily similar to the rise of yields in the S&P Municipal Bond Puerto Rico General Obligation Index which have moved 22bps higher.
These floating rate below investment grade loans have seen their weighted
average yield rise by 19bps since May month end.
Not exact matches
Two - year Treasury bond
yields rose above the
average S&P 500 stock dividend in January for the first time since 2008.
April 25 - Dow Jones Industrial
Average futures erased losses on Wednesday after Boeing reported strong results and forecast, but concerns about
rising U.S. bond
yields and corporate costs continued to weigh on U.S. stocks.
Japan's Nikkei share
average edged lower on Monday morning after index - heavy stocks such as SoftBank and Terumo lost ground, offsetting gains in financial stocks, which rallied after U.S.
yields rose.
Japan's Nikkei share
average fell on Monday as index heavyweight stocks such as SoftBank and Terumo lost ground, offsetting gains in financials, which rallied after U.S.
yields rose.
When the
yield on the S&P 500 was higher than that for the 10 - year, however, stocks
rose an
average 19 percent and gained in price about 80 percent of the time,» he wrote.
Moreover, the
yield on industrial bonds in the Dow Jones Bond
Average continues to
rise, further widening the risk premium on corporate debt.
U.S. stocks plunged on Tuesday, with the Dow Jones Industrial
Average sinking more than 400 points as
rising government bond
yields drove investors into risk - off mode...
We expect long - term bond
yields to
rise gradually over the next five years but to stay well below historical
averages.
These conditions comprise the following: S&P 500 overvalued with the Shiller P / E (the ratio of the S&P 500 to the 10 - year
average of inflation - adjusted earnings) greater than 18; overbought with the S&P 500 within 3 % of its upper Bollinger band (2 standard deviations above the 20 - period
average) at daily, weekly, and monthly resolutions, more than 7 % above its 52 - week smoothing, and more than 50 % above its 4 - year low; overbullish with the 2 - week
average of advisory bullishness (Investors Intelligence) greater than 52 % and bearishness below 28 %; and
yields rising with the 10 - year Treasury bond
yield higher than 6 - months earlier.
The Dow Jones Industrial
Average just hit a three - week low thanks to
rising US government bond
yields.
As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and
average bull, yet at higher valuations than most bulls have achieved, a flat
yield curve with
rising interest rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.
If you're an income investor, you're looking for stocks that have higher - than -
average dividends and dividend
yields, a steady track record of paying out dividends, stable performance, solid reputations, and
rising dividends year over year.
If the dividend
yield rises to the historical
average of 4 % even 30 years from now, investors will have earned a total return of just 5 % annually over that span.
In cases since 1960 where the slope of the
yield curve was inverted, 10 - year bond
yields actually
rose following the Fed's first rate cut - an
average of 43 basis points over the next 12 months and 15 basis points over the next 18 months.
The main driver behind the recent move higher in U.S. 10 - year
yields has been a
rising U.S. 10 - year inflation breakeven rate, which now implies
average headline inflation above 2 % over the next decade.
Fixed lending rates on housing and business loans have also
risen over recent months in response to higher bond
yields, although they too remain below the
average of the past decade.
As of last week, market conditions remained characterized by a syndrome of overvalued, overbought, overbullish,
rising -
yield conditions that have historically been hostile for stocks, on
average.
We say that each rate
rises or falls when the associated
average monthly
yield increases or decreases during the SACEVS holding month.
Moreover, even under a very stressed scenario — in which Spain is forced to finance the $ 200 - 220 billion it needs from today until early 2014 at
yields of 8 - 9 per cent — the effect on the
average interest rate of the total outstanding debt would be limited,
rising from the current 4.1 per cent to about 5 per cent.
Planning meetings for the Global Seed Vault in Norway spawned the idea of looking at
average summer temperatures, which climate models can project relatively reliably and which have a large impact on crop
yields — between 2.5 and 16 percent less wheat, corn, soy or other crops are produced for every 1.8 — degree F (1 — degree C)
rise.
If the funding diverted per ESA student were less than $ 6,453, then the
average funding per student who remains in public school would
rise —
yielding a net positive impact.
In the index, the
average dividend
yield probably is not 8 %, but it is far better diversified than the investment in your employer, and you can be almost certain that in the long term, the dividend
rises along with economic growth.
As Figure 1 shows, the Bloomberg Barclays US Corporate High
Yield Bond Index posted positive returns during
rising - rate periods,
averaging a return of 8.86 % while the Bloomberg Barclays US Aggregate Bond Index was almost entirely in the red with an
average return of -1.41 %.
If you adjust the Growth Potential up to very reasonable 8 % growth (For context, the S&P 500 has returned an
average annual
yield of almost 10 % over the last 90 years), then you'll see your balance
rise accordingly.
AAII Stock Ideas Screening for Stocks With High Relative Dividend
Yields This AAII.com screen identifies stocks with yields that are above their historical averages and that have histories of rising dividend pay
Yields This AAII.com screen identifies stocks with
yields that are above their historical averages and that have histories of rising dividend pay
yields that are above their historical
averages and that have histories of
rising dividend payments.
If Japan's
yields rose to anything close to the developed - world
average — or to anything close to a level that would be commensurate with currency risk — interest payments alone would completely overwhelm the Japanese budget.
This AAII.com screen identifies stocks with
yields that are above their historical
averages and that have histories of
rising dividend payments.
As of last week, the Market Climate for stocks was characterized by a syndrome of overvaluation, overbought conditions, overbullish sentiment, and
rising yield pressures that has historically been hostile to stocks on
average.
Vertical factor: My Cyclically Adjusted P / E (Five year trailing triangular
average earnings divided by price) Hypothesis: The higher the CAPE Tri-5 earnings
yield, the faster the market will
rise.
We expect long - term bond
yields to
rise gradually over the next five years but to stay well below historical
averages.
Indeed, from an investment standpoint, higher
average yields present much better periodic investment opportunities than low
average yields do, as long as
yields aren't
rising in a straight line.
Of the eight storms that saw higher
yields six months later, the
average rise was 40 basis points, an
average total percentage
yield rise of 8.7 %.
Recently though, the 10 - year note
yield for many of these countries has
risen above their historical
average cost of issuing debt.
Average yields on investment - grade corporate bonds have
risen just 2 basis points this month to 96 basis points more than Treasuries, while junk bond
yields are up just 7 basis points to 253 basis points over Treasuries, according to Merrill Lynch data.
Sirius hinted at their displeasure / disagreement, and I'd concur: Just look at bund
yields, the market flight to safety, and stable /
rising NAVs elsewhere in the sector... Somehow, DTZ lowered valuation to EUR 421 per sqm, based on
average rent of EUR 4.21 per sqm per mth — a gross
yield of 12 % on rented space.
Historically, extreme overvalued, overbought, overbullish,
rising -
yield syndromes have outweighed both trend - following and monetary factors, on
average.
In cases since 1960 where the slope of the
yield curve was inverted, 10 - year bond
yields actually
rose following the Fed's first rate cut - an
average of 43 basis points over the next 12 months and 15 basis points over the next 18 months.
September 2010 by Charles Rotblut This AAII.com screen identifies stocks with
yields that are above their historical
averages and that have histories of
rising dividend payments.
Horizontal factor: Dr. Shiller's Cyclically Adjusted P / E (Ten year
average earnings divided by price) Hypothesis: The higher the CAPE10 earnings
yield, the faster the market will
rise.
On
average over the past 30 years, when U.S. 5 - year bond
yields rose, about three - quarters of the increase was reflected in Canadian 5 - year bonds.
The
average junk bond risk premium is 4.55 percentage points over comparable Treasury
yields, and this has helped buffer high
yields somewhat from
rising Treasury rates.
If real rates
rise well above the historical
averages, you should consider locking in the higher
yields for as long as possible, regardless of the shape of the
yield curve.
The real forecast is 383 ppm
rising at 2 ppm / year, a minimum carbon dioxide sensitivity to doubling of 3 C, adding positive feedbacks, some of which are unknown,
yields a 5 C increase in global
average temperatures by 2100, and of course, time does not stop in 2100.
The announcement by the U.S. and China was important for several reasons: Together they account for around 40 percent of global GHG emissions, according to the Union of Concerned Scientists; there had heretofore been few signs of a Chinese willingness to commit to capping emissions; and it raised hope that future global negotiations might actually
yield an agreement to rein in emissions enough to keep the
average global temperature from
rising more than 2 degrees Celsius.
But mean temperatures are expected to
rise faster than the global
average, decreasing crop
yields, deepening poverty.
The chart below shows the projected drop in
yield for each degree of temperature
rise above a 1985 - 2014
average.
Over the long - term, melting of the West Antarctic Ice Sheet could
yield as much as 10 to 14 feet of global
average sea level
rise, with local sea level
rise varying considerably depending on land elevation trends, ocean currents and other factors.
While the 176.6 bpa U.S.
average for 2017 is a huge increase compared to just 50 years ago, the latest winner for the highest
yield produced by a single farmer has
risen again to over 542 bpa, which is fully three times the U.S.
average yield.