NEW DATA INSIGHT (@ 2021-10-20 04:01:00)
How about a bit more data on correlations, our favorite topic... Some of the (3 month rolling) correlations that have declined the most since a month ago were between Gold - S&P500 (-0.06 today vs. 0.20 a month ago), Bitcoin SV - Japanese yen (-0.10 today vs. 0.14 a month ago), Global High Yield - Gold (0.21 today vs. 0.44 a month ago) and Global High Yield - Euro (0.40 today vs. 0.60 a month ago). Meanwhile, increasing correlations were seen between US Treasury Bonds - Inv Grade Credit (0.66 today vs. 0.19 a month ago), Inv Grade Credit - Euro Stoxx 50 (0.14 today vs. -0.32 a month ago), Inv Grade Credit - EM LC Bonds (0.59 today vs. 0.16 a month ago) and EM LC Bonds - Inv Grade Credit (0.59 today vs. 0.16). -Albert Ingles
