Investment insights from Capital Group
Investors have flocked to cash, driving up money market fund holdings
Sources: Capital Group, Bloomberg Index Services Ltd., Investment Company Institute (ICI). Data as of April 21, 2023.
Short-term bond yields hit highest levels in more than a decade this year
Source: Bloomberg. Yields shown are yield to worst. Yield to worst is a measure of the lowest possible yield that can be received on a bond that fully operates within the terms of its contract without defaulting. Average yield calculated using data from January 2013 to May 2023. Data as of May 4, 2023.
Markets anticipate the two-year Treasury yield will decline but remain elevated
Source: Bloomberg. Average yield calculated using data from May 2013 to May 2023. Data as of 4 May, 2023.
U.S. Equities
Market Volatility
European Equity
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