– Global equities posted strong gains for the week, led by U.S. stocks. U.S. Treasury prices fell, with yields climbing.
– A broad-based rally took hold across styles, sectors, and factors, echoing a familiar pattern—large caps and Tech out front.
– Emerging markets outperformed internationally, boosted by strong results from India and Taiwan.
– U.S. Treasuries showed signs of strain amid concerns over a deficit-expanding budget, with the 30-year yield nearing 5%.
