Every week I’ll provide updates on the latest trends in SaaS valuations, earnings announcements, and highlight any significant news. Follow along to stay up to date! Cloud Multiples Correlation With 10 Year Treasury Over long periods of time the 10 Year Treasury and cloud multiples aren’t very correlated. However, there are times of extreme correlation. Since cloud multiples peaked in February the correlation between the 10 Year and cloud multiples is -0.95. This level of correlation is extremely high. Some attribute the start of the correlation to the point in time when the 10 Year started to maintain (and grow) above 1%. Even in the last 2 days you can see the 10 Year dip a bit, and multiples come back up