Stock market price-earnings-ratios are nothing else like inverted earnings yields. They are regularly used to assess the valuation of equities as an asset class. If you apply the same methodology to bond markets, e.g. the German Bund market, it becomes clear how bubble-like valuations for bonds are right now.
A perfect bubble?
Tagged with: Bund, German bond market
Posted in Financial Markets, Long-Term Charts, Long-Term Trends
Posted in Financial Markets, Long-Term Charts, Long-Term Trends
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