Insights

Treasury yields declined in October, as investors reassessed equity valuations and the Federal Reserve paused its tightening cycle.

AI’s economic impact is taking shape through spending on data centers, computing equipment and power infrastructure. The longer-term effects on productivity and employment remain uncertain.

Large issuers that are sectored in technology, retailers, satellite, and media are issuing hundreds of billions of dollars in bonds to finance their AI investments.

Rising yields and falling bond prices expanded tax-loss harvesting opportunities in Q3.

Treasury yields rose sharply in September, as stronger economic data and higher oil prices supported expectations for continued growth.

Artificial intelligence is reshaping capital investment, corporate balance sheets, energy and water demand, labor, and supply chains, while raising questions around governance, privacy, human rights, and the distribution of economic benefits.

August market activity reflected resilient economic growth, inflation that remained above the Federal Reserve's target, and heightened expectations for tighter monetary policy.

Treasury yields rose across the curve in July, with the 10-year Treasury reaching a year-to-date high and the 30-year yield surpassing 5.20 percent for the first time since 2007.