Treasury volatility hits 2008 levels amid macro pressures
Expected Treasury volatility spiked over the past week. This week’s chart looks at the MOVE Index, which rose to its highest point since 2008.
An income-centric market as CRE price growth falters?
Rising cap rates have challenged the economics for CRE property owners. But CRE debt has become increasingly attractive, as this week’s chart shows.
Amid recent market retreat, return expectations plunge.
Have bears taken over the market? This week’s chart looks at the roller-coaster ride for investor sentiment this year.
Rates are higher. And significantly more volatile.
As rates have risen, so has rate volatility. This week’s chart looks at the daily changes in the two-year Treasury yield over the past year.
Fed funds rate shows no sign yet of retreating.
Could markets be due for more Fed-driven volatility ahead? This week’s chart looks at market-based Fed rate expectations, which continue to rise.
International equities reassert themselves
The current rally looks very different from the last one. This week’s chart looks at the composition of returns in 2023 vs. 2021.
