OPEN-SOURCE SCRIPT
Global Yield Spread

The Global Yield Spread is a simple indicator that can help to identify economic wellbeing and thus allows traders and investors alike to derive a rough estimation onto where the market is likely to go.
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Please note that things like Yield Spread generally influence the market only over longer time horizons of a couple weeks to many months.
Also be aware that the Yield Spread is only capable of measuring the Yields on Bonds and is thus limited to only changes that are reflected in the interest rates on the Bonds.
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The Normal Yield Spread is widely recognized for it's signal abilities for recessions or general economic well being...
However, since the rates have decreased drastically in the US something else has been proposed: The Global Yield Spread
As the normal US Yield Spread is loosing signal capacity because the US government can easily borrow money from overseas,
thus reducing the need to increase interest rates.
By monitoring and analyzing the Global Yield spread, traders and investors can gain insights into relative valuations, economic movements, market sentiment, and opportunities.
It can help inform their investment decisions and strategies, allowing them to allocate capital more effectively and potentially generate better returns.
You have options to visually represent a diversity of Countries and their according Yield Spreads.
Furthermore there are Global Yield Spreads for:
The Average Global Yield Spread encompasses the 3 options above to get an average reading.
----------
Please note that things like Yield Spread generally influence the market only over longer time horizons of a couple weeks to many months.
Also be aware that the Yield Spread is only capable of measuring the Yields on Bonds and is thus limited to only changes that are reflected in the interest rates on the Bonds.
----------
The Normal Yield Spread is widely recognized for it's signal abilities for recessions or general economic well being...
However, since the rates have decreased drastically in the US something else has been proposed: The Global Yield Spread
As the normal US Yield Spread is loosing signal capacity because the US government can easily borrow money from overseas,
thus reducing the need to increase interest rates.
By monitoring and analyzing the Global Yield spread, traders and investors can gain insights into relative valuations, economic movements, market sentiment, and opportunities.
It can help inform their investment decisions and strategies, allowing them to allocate capital more effectively and potentially generate better returns.
You have options to visually represent a diversity of Countries and their according Yield Spreads.
Furthermore there are Global Yield Spreads for:
- 10Y-03MY
- 10Y-02Y
- 30Y-10Y
The Average Global Yield Spread encompasses the 3 options above to get an average reading.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
No statements or claims aim to be financial advice,
neither are any signals from us or our indicators.
Want to learn Trading, Investing or system building?
Join the Community via Discord or Website! 👇
discord.gg/FMZDM3bZ9T
neither are any signals from us or our indicators.
Want to learn Trading, Investing or system building?
Join the Community via Discord or Website! 👇
discord.gg/FMZDM3bZ9T
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
No statements or claims aim to be financial advice,
neither are any signals from us or our indicators.
Want to learn Trading, Investing or system building?
Join the Community via Discord or Website! 👇
discord.gg/FMZDM3bZ9T
neither are any signals from us or our indicators.
Want to learn Trading, Investing or system building?
Join the Community via Discord or Website! 👇
discord.gg/FMZDM3bZ9T
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.