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 +1.9% S&P Mid Cap +2.3% Russell 2000 +2.5% MSCI EAFE +1.2% MSCI EM +2.0% 10 Yr US Treasury Rate – fell from 4.01% to 4.00% Source: Refinitiv Eikon Recent News Core CPI – Sep: 0.2% (Reuters Poll est. 0.3%) Aug: 0.3% The CPI report was released over a week late due to delays resulting from the government shutdown. It was determined that the report should be completed as it is required to calculate cost-of