- Treasury securities outstanding are growing +30% y/y, a
faster rate than any other period since 1957, and bode well for forward returns
if the past is prologue. Examining other
periods during which treasury security growth was elevated (i.e., >20% y/y)
we note the median small-cap forward 1-year return was +16.3%. Even in periods of high growth (i.e., ...full article available after login
Login Now to read and download the entire article
Not Registered with us yet? It’s quick, easy, and provides you with full access to our complete research suite. Register for new account.