

US stocks may have further room to rise despite elevated valuations, as the earnings and productivity gains generated by artificial intelligence are not yet fully reflected in equity prices, according to HSBC's Willem Sels. According to Bloomberg, Sels, global chief investment officer at HSBC Private Bank and Premier Wealth, said investors remain skeptical about the sustainability of corporate earnings growth, particularly among technology and semiconductor companies.

Arbor Wealth Management LLC AZ purchased a new stake in Vanguard Intermediate-Term Treasury ETF (NASDAQ: VGIT) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 315,769 shares of the company's stock, valued at approximately $18,624,000. Vanguard Intermediate-Term Treasury ETF accounts for about 16.5% of

August ETF flows highlighted strong investor demand for S&P 500, Nasdaq-100, short-term Treasury, gold and bitcoin ETFs, while some major funds saw outflows.

BND's expense ratio costs investors almost nothing, but the real bill for holding this popular bond ETF in a taxable account arrives from a very different direction every single year.

The yield on the 10-year note finished August 28, 2026 at 4.73% while the 2-year note ended at 4.34%. The chart below overlays the daily performance of several Treasury bonds, starting from the pre-recession equity market peaks, along with the Federal Funds Rate (FFR) since 2007.

Protecting yourself from a bear market isn't about just shifting your portfolio into cash.

US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent's plan to increase buybacks of longer-dated debt. The moves pushed the 30-year yield on Thursday back to levels seen just before the Treasury's announcement a day prior.

US bonds unwound all of the gains that followed Treasury Secretary Scott Bessent's plan to increase buybacks of longer-dated debt, a sign that investors see it as only a short-lived remedy to curb borrowing costs. Jonathan Levin, Bloomberg Opinion Columnist, reacts to the treasury market moves.