Every week I’ll provide updates on the latest trends in cloud software companies. Follow along to stay up to date! 10Y Keeps Climbing The 10Y hit 5% this week, which sets a new high water mark. In general economic data has continued to come in strong (a data point suggesting inflation could stay sticky, and the economy can absorb rates staying higher for longer). For context on a 10Y at 5% - from 2010 to 2020 the 10Y averaged roughly ~2.5%. Said another way, the 10Y today is double what it averaged from 2010 to 2020.
Hi Jamin, thank you for the weekly articles. End of each week, I look forward reading your articles and l learn a lot. I have been wondering if NTM FCF multiple vs NTM Rev Growth would be something you would be interested to capture in your plots. I understand that some of the companies followed here don’t have positive FCF yet and me up the correlation analysis , but thought it could give another level of depth on how the companies are currently valued by the market. Thanks again!