September 16, 2025

Market Flash

During the week, U.S. Treasury yields continued to retreat as investors digested the latest inflation data and prepared for the Federal Reserve's next meeting this week. The latest inflation data was digested and investors prepared for the Federal Reserve's next meeting this week. According to figures released Thursday by the Bureau of Labor Statistics (BLS, for...
September 15, 2025

Daily commentary

With the focus of the week on the widely expected rate cut by the Fed on Wednesday, risk assets had a positive day, with the Nasdaq gaining as much as 1% and the S&P500 0.85%, rising alongside European and Asian indices that lagged slightly. At the same time, rates...
September 8, 2025

Daily commentary

Treasuries continue to gain ground, seeing a bull flattener today in which long bonds saw yields fall as much as 7bps vs 2bps for shorts, finishing below 4.7% on 30y as the notion of three 25bps cuts by the Fed in the remaining three meetings in 2025 takes hold.
September 6, 2025

Monthly Report September 2025

During September, the Federal Reserve resumed the cycle of interest rate cuts after a pause of more than six months. Although the decision was widely anticipated Although the decision was widely anticipated and, to a large extent, already discounted by the markets, the main stock market indexes closed in positive territory once again. closed again in positive territory. The S&P 500, the NASDAQ Composite and the Dow Jones accumulated their fifth consecutive month of gains with advances of +3.62%, +5.68% and +2.00% ...
September 4, 2025

Daily commentary

Wall Street traders are bracing for Friday's jobs report, a trio of data that reinforced the view of a cooling labor market, keeping the Fed's bets on rate cuts, which remain in place as it drives even the market higher.
September 3, 2025

Daily commentary

Wall Street traders continued to pile up bets that the Federal Reserve will cut rates in September as weak jobs data improves Those bets also underpinned the market, which halted a two-day rout amid a high-tech rally...
September 2, 2025

Daily commentary

Stocks add to bond slide as 30-year yield nears 5% Wall Street started September on a sour note, stocks down amid heavy corporate debt selling and budget concerns in the developed world. Gold hit an all-time high...
September 1, 2025

Market Flash

During the week, U.S. Treasury yields retreated as investors processed the most recent comments from monetary policymakers, as well as the latest corporate reports from the second quarter earnings season.... policymakers, as well as the latest corporate reports for the second quarter earnings season....