In Recognition of Burnie Sparks, CFA For 40 Years of Service

U.S. long-dated yields reached their highest in over 20 years. A bond sell-off deepened on stronger-than-expected growth, elevated inflation, and rising spending, with the Treasury’s buyback efforts failing to calm markets. Germany’s Bund yield hit a 17-year high, and Japan’s 10-year JGB hit a 30-year high. The Fed hiked rates for the first time in three years; the BoJ, ECB, and RBA also raised rates.

With the last of the off-cycle reporters now largely wrapped up, we can effectively close the book on the second quarter earnings season.

Explore the shift in political giving and its impact on elections post-Citizens United. Discover how corporations influence politics.