Post #19789
192

SPX vs. yields (II). "In the chart below we show a decile analysis of change in the 10y yield since 1962. Currently the 1y change is in the 9th decile while the 3m change is in the 10th (fastest advance) decile ... this analysis shows that the current set-up is totally normal with comparable 1y forward returns to the rest of the distribution." $VOO