But, that doesn't mean an investment in each has had the same result. The below shows the same ETF's, but now includes dividends received from those ETFs (due to dividends for the S&P 500, coupon payments for high yield).
Source: Yahoo Finance
Monday, September 27, 2010
The Importance of Yield
The equity markets have moved incredibly in sync with the high yield bond market (hat tip Calafia Beach Pundit).
But, that doesn't mean an investment in each has had the same result. The below shows the same ETF's, but now includes dividends received from those ETFs (due to dividends for the S&P 500, coupon payments for high yield).
Source: Yahoo Finance
But, that doesn't mean an investment in each has had the same result. The below shows the same ETF's, but now includes dividends received from those ETFs (due to dividends for the S&P 500, coupon payments for high yield).
Source: Yahoo Finance
Crafty Jets win a big game last night. I gotta admit, they look pretty good.
ReplyDelete"The equity markets have moved incredibly in sync with the high yield bond market "
ReplyDeleteFor all of two years, per your chart? Is that a tradeable trend?
Two quick points:
ReplyDelete1) Much longer than 2 years (http://tinyurl.com/23hdlre)
2) The post had less to do with previous trend and more (in opinion) to do with importance of yield