This is a script that gives insight into the types of moves that are happening across the yield curve. It helps in identifying both bull/bear steepeners and flatteners between two tenors. The indicator displays data as a percentage of the steepeners and flatteners that have occurred over a short-term trailing window. This gives a reading that is more digestible...
Visualization of the inverted portions of the USTS yield curve. Red means that portion of the curve is inverted. If 1M is red, it means it's less than RRP%.
Plots and tabulates constant maturity treasury yield spreads // colours per curve type for the plots and table headers C_30Y_20Y=color.orange C_10Y_5Y=color.purple C_10Y_2Y=color.blue C_7Y_5Y=color.gray C_5Y_2Y=color.red C_3Y_2Y=color.yellow C_10Y_1Y=color.olive
Long-term bond yield reflects inflation. Short-term bond yields are tools used to predict Fed's interest rate policy. Spread between the two represents four cycles of an economy. 1. Growth Short-term yield rises as interest rates rise. Spread narrows. 2. Slow growth Central bank raises interest rates faster and short-term yield exceeds long-term yield. Spread...
This indicator compares the attractiveness of equities relative to the risk-free rate of return, by comparing the earnings yields of S&P 500 companies to the 10Y treasury yields. "Earnings yield" refers to the net income attributable to shareholders divided by the stock's price - effectively the inverse of the PE ratio. The tangible meaning of this metric is "the...
REAL-CASE SCENARIO:- IN10Y(10yr yield t- bill) are govt. backed bonds provide basic interest or coupon rate. If the coupon rate falls below (yield =(1/price) the coupon rates of 3 month bond IN03MY(3m yield t- bill), investors are pessimistic about future growth of the economy. This pessimistic behavior can be seen in the graph when change in background...
This script tracks the U.S. 2Yr/10Yr Spread and uses inversions of the curve to predict recessions. Whenever a red arrow appear on the yield curve, expect a recession to begin within the next 2 years. Use this signal to either exit the market, or hedge current positions. Whenever a green arrow appears on the yield curve, expect a recession to have nearly ended....
Yield spreads are used to see investors' perception of future risk and predict a recession. The spread is the value obtained by subtracting the near term bond from the distant one. This indicator plots this value historically. I used 3-year and 10-year Turkey treasury bond yields instead of 2-year and 10-year Turkey treasury bond yields due to lack of historical...
A simple utility tool to have all available US Treasury yield rates together on a one chart
Stability Max Overload was created in another script I have been working on found below. I have broken the code down to only display the Stability features. What this is: I was trying to find a way that could in some form display the Stability or Instability of the US Treasuries Bond Market. To try and help me do that, I came up with 3...
Welcome to Yield Curve Version 2.55.2 US10Y-US02Y * Please read description to help understand the information displayed. * NOTE - This script requires 1 real time update before accurate information is displayed, therefore WILL NOT display the correct information if the Bond Market is Closed over the Weekend. * NOTE - When values are changed Via Input...
Welcome to Yield Curve Version 2.41 * Please read description to help understand the information displayed. * NOTE - This script requires 1 real time update before accurate information is displayed, therefore WILL NOT display the correct information if the Bond Market is Closed over the Weekend. * NOTE - When values are changed Via Input setting they do take...
Hello and welcome to "Yield Curve Version 2.0" Please read as it might help you understand what information is being displayed and where it can be located. Please note - this script will not generate accurately if loaded while the Bond Market is closed. It requires one real time update before the script will work. ** FEATURES** * Plots the Yield Curve of the...
Thanks to @gwaaf for his post on how to draw the curve!! * Charts and displays the current Treasury Yield Curve and the Spread. * Colors Lines and Labels based off price. * Dynamically adjusts the position of the labels as prices change. Top Labels: Top labels display the Spread between listed bonds in regards to Longer term Bonds minus Shorter term Bonds. This...
This indicator plots the US treasury yield curve as maturity (x-axis/time) vs yield (y-axis/price)