DD's economic earnings declined due to
the narrowing spread between its ROIC and WACC, also known as the economic earnings margin.
This narrowing spread between the Indexes serves as continuing evidence that the primary trend of the market is actually growing increasingly positive.
Fifteen points of P / E separate energy stocks and technology stocks,
the narrowest spread between low and high P / E groups in at least three years.
The OCC's findings are consistent with more recent surveys: The Fed's October survey of senior U.S. loan officers found a growing number loosening standards for commercial and industrial loans, often by
narrowing the spread between the interest rate on the loan and the cost of funds to the bank.
The transmission feels like it has too wide a spread between third and fourth gear or too
narrow a spread between fourth and fifth gear, or some combination of those two issues.
But a strong counterpoint to this equity performance continues to be
the narrow spread between short and long rates in the major bond markets around the world.
In other words, the deduction
narrows the spread between the two, and thus makes 30 - year rates relatively more attractive.
John Rekenthaler talking about
the narrowing spread between the best and worst fund managers still sees some opportunity for active managers under certain circumstances:
For long - term investors, Ferri suggests sticking with funds that have
a narrow spread between the bid - and - ask price and funds that have good liquidity.
With so many investors flocking to junk bonds, their prices have risen - pushing down their interest rates and
narrowing the spread between risky and safer bonds.
Lower interest rates are typically accompanied by
narrower spreads between insured and uninsured obligations.
Both aim to
narrow the spread between mortgage bonds and Treasuries, particularly on the short end.
Although the Journal did not describe the arbitrage mechanism, its story claimed that
narrowing spreads between the bitcoin price and the GBTC price allowed traders to profit as they would when arbitraging an exchange - traded fund (ETF) and its underlying assets.
Those results are also reflected in
the narrow spread between the top - and bottom - ranked markets in the U.S.. For example, the «scores» of top investment markets such as New York and Washington D.C. rate in the mid to high 70s, while bottom - ranking markets such as Denver are in the high 50s and low 60s.
With
a narrower spread between fixed and adjustable mortgage rates, more borrowers are opting for a fixed product.
The narrowing spread between interest rates and cap rates is cutting into returns, making it tougher for buyers to justify some transactions, says Frank Stallworth, executive vice president of 1st Trust Bank in Memphis, a retail and mortgage bank that originated $ 140 million in multifamily loans last year.
Not exact matches
When the
spread between West Texas Intermediate crude oil and Western Canadian Select
narrowed to US$ 10 a barrel last summer, some analysts declared that the big price differentials were gone for good.
The
spread between short - term and long - term Treasuries has
narrowed, which could hurt lending profits.
The yield gap
between U.S. 5 - year notes and 30 - year bonds
narrowed to 27.20 basis points, the tightest
spread in more than six years.
As bond yields rise the
spread between the two
narrows, prompting asset allocation changes
between equities and fixed income.
The
spread between the two - year note yield and the 10 - year note yield, a widely - watched measure of the yield curve,
narrowed to 42.8 basis points, the tightest since September 2007.
Spreads (the difference in price
between the bid and offer) are among the most
narrow available in the bond market.
This led to quite a sharp
narrowing in the
spread in bond yields
between the two countries, from around 130 basis points at the time of the previous Statement to a low of 85 basis points in early December.
The
spread between highest and lowest industry P / E ratios has
narrowed this year, too.
The net rise in Australian long bond yields over recent months has been less than in corresponding US yields, so the
spread between Australian and US yields has
narrowed.
This fall has been larger than the fall in the United States so that the
spread between 10 - year yields in the two countries has
narrowed from about 60 basis points to about 20 basis points.
Since credit
spreads are one of the best indicators of economic confidence, with generally - widening credit
spreads signifying declining confidence and generally -
narrowing credit
spreads signifying rising confidence, it would be logical if there were a positive correlation
between the gold / commodity ratio and credit
spreads.
The gap
between Canada's 2 - year yield and its U.S. counterpart
narrowed by 7.9 basis points to a
spread of -17.4 basis points, its
narrowest since Oct. 30.
The yield gap
between U.S. 5 - year notes and 30 - year bonds
narrowed to 27.20 basis points US5US30 = TWEB, the tightest
spread in more than six years.
The
spread between the yields on the 2 - year Treasury note and the 10 - year Treasury note
narrowed by 70 basis points from 125 points at the start of 2017 to just 55 points at the end of 2017.
The
spread between Australian 10 - year bond yields and comparable US yields
narrowed from 250 basis points a year ago to about 100 basis points at present (Graph 30).
Spreads between corporate bonds and swap rates have generally
narrowed (Graph 55).
The blowout in the price
spread between Canadian heavy and U.S. light crude isn't
narrowing substantially any time soon.
Consequently, investors in the US Dollar can plainly see that the interest rate
spread between the United States and other countries will begin to
narrow rather dramatically within the next 12 to 18 months.
Earthquake-report.com has a
narrower estimate of deaths, up to 10,000, whereas the USGS gives a much broader
spread, estimating that
between 10,000 and 100,000 fatalities are most likely.
You should find that the
spread between 30 - year and 15 - year mortgage rates
narrows when you calculate their respective after - tax rates.
And the
spread between A2 / P2 commercial paper and the two - year Treasury has
narrowed as well.
It reveals how the outlook for U.S. home values has shifted over time (from Q1 2010 to Q1 2016), and the degree to which the
spread between the most optimistic and most pessimistic quartiles of experts
narrowed during that timeframe.
The actual «cost» of a bid / ask
spread is reflected in the distance
between actual fill and initial stop... which is wider or
narrower in true value relative to the width of
spread.
In foreign exchange, the standard bid - ask
spread in EUR / USD interbank quotes is
between two and four pips - the price move in a given exchange - depending on the amount being traded and the time of the day;
spreads are typically
narrowest in the morning in New York when the European market is also open.
The
spread between the yields of bonds with different credit quality generally
narrows when the economy is improving and widens when the economy weakens.
This
narrowing of the
spread between junk yields and their safer counterparts has caused some to consider this market «too popular» and some late investors may end up getting burned if a correction occurs.
But if yields of Treasuries rise, then the current
spreads between municipals and Treasuries will
narrow, perhaps significantly.
The net result is a highly leveraged portfolio that creates massive profits when yield
spreads are wide but can also close quickly if the gap
between the REIT's borrowing rate and securities income
narrows.
That, in turn, has bolstered the credit quality of emerging - market debt, resulting in a
narrowing of the
spread between the yield on emerging - market debt and that available on U.S. Treasury bonds.
With a wide
spread between the futures and the cash (the futures are too expensive relative to fair value), buying stocks and selling futures drives the cash index up and the futures down, which
NARROWS the
spread, returning it to fair value.
With 11 different room options
spread through two nondescript white concrete buildings down a
narrow alley, New Road blurs the line
between «hostel» and «guesthouse.»
These uncertainties may partly explain the typically weak correlations found
between paleoclimate indices and climate projections, and the difficulty in
narrowing the
spread in models» climate sensitivity estimates from paleoclimate - based emergent constraints (Schmidt et.
USD, however, continues to flow domestically in Taiwan and other channels have been slowly ramping up as evidenced by the price
spreads narrowing between Bitfinex and other exchanges.
But since this spring, the interest - rate
spread between conforming and jumbo loans has
narrowed and the number of lenders offering the loans has jumped.