Top 5 Charts of the Day – February 9th 2021

Average U.S. junk-bond yields fell below 4% for the first time ever Monday. The measure for the Bloomberg Barclays U.S. Corporate High Yield index dipped to 3.96% after six straight sessions of declines. pic.twitter.com/MwKXJiO4oC

— Christophe Barraud (@C_Barraud) February 9, 2021

The difference between the 5- to 30-year yield curve and its equivalent has reached its widest since 2011, as long-dated #Treasury yields climbed faster than euro-area counterparts – Bloomberg
*That mainly reflects expectations for a stronger inflation pickup in the U.S. pic.twitter.com/dDvAKqXR8I

— Christophe Barraud (@C_Barraud) February 9, 2021

This is the aggregate volume for US stocks today.

Just about 4x its historical average while at record prices.

Insane….. pic.twitter.com/EX4bt87MYX

— Otavio (Tavi) Costa (@TaviCosta) February 9, 2021

Everyone is NOT long Equities (continued):

Macro Hedge Funds are significantly underinvested.

They're usually "all-in" near Major tops – but right now, they have little interest in Stocks.

If this rally keep going, it's only a matter of time until FOMO kicks in. pic.twitter.com/ZQ7LY3xdIq

— Macro Charts (@MacroCharts) February 9, 2021

Definition of risk seeking pic.twitter.com/ODuOfk4Tks

— The Long View (@HayekAndKeynes) February 9, 2021