A friendly reminder that return is “not really a function of yield”

When x happens, yields fall — Rule 1?

It’s not a search for yield, it’s a search for safety — Potential Rule 2?

Two charts to make the point for us once again from the good folks at BofAML’s relative value department:

Continue reading: A friendly reminder that return is “not really a function of yield”

When x happens, yields fall — Rule 1?

It’s not a search for yield, it’s a search for safety — Potential Rule 2?

Two charts to make the point for us once again from the good folks at BofAML’s relative value department:

Continue reading: A friendly reminder that return is “not really a function of yield”