Insights

Price Return Last Week S&P 500 (1.4%) S&P Mid Cap (2.4%) Russell 2000 (1.7%) MSCI EAFE (0.6%) MSCI EM +1.2% 10 Yr US Treasury Rate – rose from 4.70% to 4.74% Source: Refinitiv Eikon Recent News Government Buys Back Debt – Likely in response to increasing long-term interest rates, Treasury Secretary Scott Bessent announced on Wednesday that he would increase purchases of government bonds by the Treasury. Instead of purchases maxing out at $2 billion each time, these would

Price Return Last Week S&P 500 0.7% S&P Mid Cap (0.1%) Russell 2000 1.2% MSCI EAFE 0.7% MSCI EM 4.1% 10 Yr US Treasury Rate – fell from 4.49% to 4.45% Source: Refinitiv Eikon Recent News U.S.-Iran Deal Update – Details on the memorandum of understanding between the U.S. and Iran were released on Wednesday. Both pledged to end all military operations and Iran would open the Strait of Hormuz. Iran commits to not charging any fees to transit the Strait of Hormuz for

Price Return Last Week S&P 500 +2.9% S&P Mid Cap +3.5% Russell 2000 +3.2% MSCI EAFE +3.2% MSCI EM +3.4% 10 Yr US Treasury Rate –...