BIL INVESTMENT INSIGHTS

  US Treasury markets were in focus last week as investors demanded higher compensation to absorb growing government borrowing needs. A $42 billion auction of 10-year Treasuries cleared at 4.683%, the highest yield since 2007, while a subsequent sale of 30-year bonds priced at 5.216%,...

Last week, the S&P 500 surpassed USD 70 trillion in total market cap for the first time in history, while the technology-heavy Nasdaq recorded its strongest weekly performance since April. All major US equity indices closed the week higher, supported by robust corporate earnings, growing...

  Markets faced three overlapping headwinds last week: concerns about the profitability of AI investments, renewed tensions in the Middle East, and uncertainty surrounding the Federal Reserve's policy outlook. The technology sector came under pressure early in the week as investors questioned the sustainability of...

As anticipated in last week's note, the expiry of Section 122 tariff measures on 24 July was followed by the announcement of a new round of trade duties. The US Administration began by unveiling 50% tariffs on a broad range of Canadian imports, citing what...

Written 17 July, noon. Market Snapshot Markets faced competing headwinds this week: tensions in the Middle East and growing scrutiny of the AI theme, particularly chipmakers. In the Middle East, the US continues to strike Iranian infrastructure, while Iran has retaliated by targeting US bases...