30-Year Yield Near 5% as Fed Holds and Hike Bets Rise
The 30-year Treasury yield is at 4.94% as the Fed holds at 3.50-3.75% and nine officials pencil in 2026 rate hikes. What it means for markets.
Market Trend
Money Market Funds Hit $7.92T Record as Cash Piles In
US money market fund assets climbed to a record $7.92 trillion the week ending June 17, 2026, with institutional money driving the latest leg up.
IT Services Rout: EPAM, Cognizant, IBM Slide on AI Fears
Accenture’s FY26 guide cut pulled the whole IT services group down — EPAM -12.6%, Cognizant -10.5%, IBM -5.1%. Is AI eating consulting?
AI Capex Drives US Corporate Bonds Past Record Pace in 2026
US corporate bond issuance hit $1.23T through May 2026 as hyperscalers tap the market to fund AI capex on a historic scale.
Private Credit Lending Drops 40% as BDCs Gate Redemptions
Private credit loan issuance fell to $45B in the three months through May 2026 — a 40% drop from Q1 — as BDC redemption queues forced gates.
S&P 500 Top-10 Concentration Hits 37%, Beating Dot-Com Peak
The S&P 500’s 10 largest stocks now command roughly 37% of the index — exceeding the 2000 dot-com peak. Here’s the data and what it means.
NYC Pension Funds Rebid $127B Passive Equity Mandate
NYC Comptroller Mark Levine just opened the city’s $127B public equity passive indexing mandate to a competitive RFP. Bids close July 15.
KKR, NVIDIA Launch $10B Helix to Bankroll AI Buildout
KKR, NVIDIA, Vistra and Kuwait’s sovereign wealth fund seeded Helix Digital Infrastructure with $10B+ in long-duration capital to finance AI infrastructure.
Marvell Joins S&P 500 June 22 — Up 230% YTD on AI Chip Demand
Marvell Technology joins the S&P 500 on June 22, 2026, replacing Pool Corp. The AI chip designer is up 230% YTD with a $246B market cap.
Why the VIX Is Calm While AI Stocks Tumble: Dispersion
Nvidia and chip names are cracking again, but the VIX barely moves. Here is what stock-level dispersion is telling investors about June 2026.