📊 Will Long Yields Stall The Rally?

Good Morning Investors,

Macro signals continue to steer the tone. Expectations for near term policy easing remain constructive, although a rise in longer maturity Treasury yields and new research pointing to potential downside risks for 2026 have kept sentiment balanced. Investors are monitoring the interplay between a possible policy pivot and a still uncertain economic outlook, leaving smaller companies sensitive to shifts in liquidity and funding conditions.

Sector performance was led by miners and energy producers as precious metals extended their rally and silver reached new highs. That move lifted a wide set of resource linked issuers and helped underpin broader cyclical themes.

Deal activity remains elevated in private markets and renewed optimism in parts of the technology complex is supporting selective rotation into higher growth names.

Matthias Schneider
Editor at Analytica Investor