US Treasuries market yield

https://fred.stlouisfed.org/graph/?g=KFaj

Which was always pretty high before the financial crisis and explains why financial advice books recommend to buy them. Now short maturity hits the floor; 30-Y is still ok-ish.

Negatve nominal rates is a rather new thing

It is however more interesting to look at this but adjusted by the % change of the Consumer Price Index, because you should Always compare yields to inflation.

2022-01-11_11-25-31_fredgraph.png.png

This looks messed up though

2022-01-11_11-29-08_fredgraph.png.png

The same thing is happening to corporate bonds:

2022-01-11_11-38-12_fredgraph.png.png

It is clear that the same thing is happening to corporate bonds which could be explained by Quantitative Easing.

TODO Is it what we want to chart?

Looks like it might be change since last year (which would explain the 1200% increases)

TODO Replot CPI-adjusted 1M treasuries yield

TODO Plot 10Y adjusted treasuries vs corporate bonds adjusted

TODO Show spread between above quantities

TODO Show spread between 10Y and 1M nominal rates

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