I have not been doing much equity research over the last little bit as recreational matters have generally dominated the landscape. One chart I have been curiously watching, however, is the 10-year note yields, which has dipped from its 1.4% minimum:
Which way are the yield winds blowing, up or down?
The Canadian 10-year note equivalents have a similar yield curve and are trading about 15-20 bps above US treasuries in yield. One would think that you could do better than 1.8% over 10 years by taking a little bit of risk…