Sentences with phrase «various tightening cycles»

In this follow up note, we focus our attention on the shape of the yield curve and returns over various tightening cycles.

Not exact matches

Using duration of the tightening cycle or «time» as the benchmark (i.e. splitting up the various phases by 25 % increments), the S&P 500 was up an average 3.6 % (median +2.4 %); using «duration» or basis - point change as the benchmark, the first 25 % of the cycle sees an average gain of 7.2 % (median of +5.6 %).