Bond — Market

Fixed-income dashboard — a bond-ETF relative-rotation screen vs AGG (US Aggregate), US & Korea yield curves, an HY-vs-IG credit-quality monitor, and a 2s10s curve-shape gauge.

Fixed-Income Performance — 252-day cumulative return

2025-07-02 → 2026-07-02 · adjusted close (total return), rebased to 0% · click to enlarge

SHY +3% · AGG +4% · TLT +2.1% · TIP +3.3% · HYG +5.2% · EMLC +7.1%

Bond ETFs 252-day cumulative total return: SHY, AGG, TLT, TIP, HYG, EMLC — Trailing 252 trading days of total return for SHY, AGG, TLT, TIP, HYG and EMLC, rebased to 0% at the window start.

Bond ETF Rotation (RRG vs AGG)

As of 2026-07-02 · 12 ETFs · 14-day tail · click to enlarge

Bond ETF relative rotation graph vs AGG — Each ETF's 14-day rotation path vs AGG. Dot = latest position; color = effective duration (blue low → red high).

Yield Curves

US as of 2026-07-01 (Alpha Vantage Treasury) · Korea as of 2026-07-03 (BOK ECOS) · click to enlarge

Inflation — CPI (YoY)

US as of 2026-05 (Alpha Vantage CPI) · Korea as of 2026-06 (BOK ECOS) · click to enlarge

US and Korea CPI year-over-year inflation — US & Korea headline CPI, year-over-year. Dashed line marks the 2% central-bank target.

Credit Quality — HY vs IG (OAS)

As of 2026-07-02 · archive 2023-05-30 → 2026-07-02 (808 obs) · option-adjusted spreads only (duration-neutral — measures credit, not rates) · click to enlarge

D = HY−IG = 200 bps (16th pct) · R = HY÷IG = 3.67× (85th pct) · HY 2.75% · IG 0.75% · VIX 16.59 · Δ20d 0 / Δ60d -7 bps · regime COMPLACENT / FRAGILE

US HY vs IG credit-quality spread monitor — Spread near the tights. This is NOT a reversion opportunity — it is a coiled spring with a fat left tail; spreads gap wider fast from here. Read as RISK, not value. Still grinding tighter.

Curve Shape — 2s10s

As of 2026-07-01 · 31th pct of full history (1976-06-01 → 2026-07-01) · click to enlarge

2s10s = 31 bps · 2y 4.17% · 10y 4.48% · regime NORMAL

US Treasury 2s10s curve-shape gauge — Mid-range positive slope.

Bond ETF Screen (12)

Sortable. Category is the broad sleeve, Sub-Category the detailed segment. Quadrant / RS-Ratio / RS-Mom from the RRG vs AGG.

Ticker	Name	Inception	AUM	Category	Sub-Category	Quadrant	RS-Ratio	RS-Mom	Roundness	Score	5D	20D	MTD	200D	YTD	52W Range
HYG	iShares iBoxx HY Corporate Bond ETF	2007-04-04	$16.1B	High Yield	High-Yield Corporate	Improving	99.08	102.08	0.30	2.5	+0.3%	+0.5%	+0.1%	+3.1%	+1.8%	100%
BKLN	Invesco Senior Loan ETF	2011-03-03	$7.2B	High Yield	Senior Loans	Improving	98.87	101.37	0.53	1.4	+0.2%	−0.3%	−0.1%	+2.2%	−0.1%	87%
LQD	iShares iBoxx IG Corporate Bond ETF	2002-07-22	$29.8B	IG Corporate	IG Corporate	Lagging	99.29	99.08	0.97	1.8	−0.4%	+0.4%	−0.0%	+0.4%	+0.8%	85%
TIP	iShares TIPS Bond ETF	2003-12-04	$15.1B	Inflation	TIPS	Improving	99.19	101.85	0.97	2.3	−0.1%	−0.3%	−0.0%	+0.6%	+1.2%	84%
EMB	iShares JP Morgan USD EM Bond ETF	2007-12-17	$14.2B	International	EM USD Bond	Weakening	100.11	99.00	0.46	0.8	+0.0%	+0.7%	+0.2%	+5.0%	+2.5%	98%
BNDX	Vanguard Total International Bond ETF	2013-05-31	$122.0B	International	Intl Developed (Hedged)	Leading	100.57	100.66	-0.56	0.0	−0.3%	+0.7%	−0.2%	+1.5%	+1.2%	76%
MUB	iShares National Muni Bond ETF	2007-09-07	$44.9B	Municipal	National Muni	Leading	100.73	100.18	0.77	1.0	+0.2%	+0.7%	+0.2%	+3.5%	+2.0%	100%
MBB	iShares MBS ETF	2007-03-13	$38.7B	Securitized	Mortgage-Backed	Lagging	99.16	97.90	-0.14	0.0	−0.5%	+0.4%	−0.1%	+1.9%	+1.0%	84%
TLT	iShares 20+ Year Treasury Bond ETF	2002-07-22	$42.9B	Treasury	Long-Term Treasury (20Y+)	Weakening	100.52	98.38	0.46	1.6	−1.7%	+0.6%	−0.7%	−1.6%	+0.3%	54%
SHY	iShares 1-3 Year Treasury Bond ETF	2002-07-22	$25.4B	Treasury	Short-Term Treasury (1-3Y)	Improving	99.15	101.44	0.28	0.9	+0.1%	+0.3%	+0.1%	+1.8%	+0.7%	98%
IEF	iShares 7-10 Year Treasury Bond ETF	2002-07-22	$48.3B	Treasury	Intermediate Treasury (7-10Y)	Leading	101.68	101.18	-0.02	0.0	−0.4%	+0.5%	−0.1%	+0.0%	−0.2%	62%
USFR	WisdomTree Floating Rate Treasury Fund	2014-02-04	$17.0B	Treasury	Floating Rate Treasury	Improving	99.09	101.22	-0.01	0.0	+0.1%	+0.3%	+0.0%	+3.2%	+1.9%	100%

RS-Ratio / RS-Mom from a Relative Rotation Graph vs AGG (JdK z-score normalization, 20-day window, 12-day momentum, tail 14). Score ranks rotation strength; roundness measures how cleanly the tail traces an arc. Returns are trailing total returns; 52W Range is location within the trailing 52-week high/low. Prices & profiles from Alpha Vantage; yields from AV (US) and BOK ECOS (KR). Credit-quality D = HY−IG OAS and R = HY÷IG, plus the 2s10s curve slope, are sourced from FRED (ICE BofA OAS + Treasury constant-maturity yields) and percentile-ranked over a locally-maintained archive — FRED serves only a rolling ~3y of the ICE OAS series, so the archive deepens over time. Refreshed daily.