UBS Chief Strategist Sees US Consumer Slowdown Threatening Stock Rally

May 20, 2026 | Markets

The US consumer will slow down as real disposable income growth nears zero and fiscal support fades, threatening equity markets despite strong first-quarter earnings driven by artificial intelligence, according to Bhanu Baweja, chief strategist at UBS Group AG....

Big Treasury Block Sales Drive ‘Capitulation’ Selloff in Bonds

May 19, 2026 | Markets

A series of large sales in US Treasury futures exacerbated a selloff in the $31 trillion government debt market, as concern about resurgent inflation pushed investors to price in higher interest rates. As long-end yields soared to their highest level since 2007 on...

Magellan Says Barrenjoey Deal Lifts Private Markets Opportunity

May 18, 2026 | Markets, Private Credit, Private Markets

Magellan Financial Group Ltd.’s chief executive said its merger with Barrenjoey Capital Partners will allow the Australian firm to provide its customers with more offerings in private markets. The deal is on track to close around the middle of this year and...

Vanguard Favors Treasuries as 10-Year Yields Near Range Top

May 18, 2026 | Markets

Vanguard Group Inc., one of the world’s largest money managers, is sticking with its bet on US Treasuries, saying yields in the $31 trillion market are near the top of its expected range for 10-year notes. “In US rates, we maintain a long duration bias with yields...

Citadel Securities’ Rubner Sees Risk of Flow Unwind in US Stocks

May 18, 2026 | Markets

Risks are growing of an unwind in the powerful fund flows that drove US stocks to record highs in recent weeks, according to Citadel Securities’ Scott Rubner. The S&P 500 Index has surged about 16% from its March low, supported by robust earnings, corporate...