US 10-year Treasury yields are rising toward 5%, causing pressure on fixed income and equity markets amid ongoing inflation and geopolitical risks. Long-duration bonds have underperformed, while short-duration and cash-equivalent ETFs remain more attractive. High-yield bond funds have outperformed but caution is advised as earnings yields approach risk-free rates. A market correction may occur if yields hit 5%, but a 10% dip could present a buying opportunity, especially if the S&P 500 forward P/E ratio falls to around 18x.
The S&P 500 is expected to encounter headwinds in September due to rising bond yields, increasing debt, and macroeconomic uncertainties. However, coordinated interventions by the US and Japan, along with upcoming US Treasury liquidity injections, are...
In 2026, investors have moved about $57 billion into the State Street SPDR Portfolio S&P 500 ETF (SPYM), attracted by its lower fees (0.02% vs. SPY's 0.0945%) and more efficient structure as an open-end fund. SPYM tracks the same S&P 500 index as SPY...
