The latest RiskBridge CIO Chartbook is now available, offering perspective on recent market shifts, inflation trends, and global interest rate movements. No one can predict the future, but this update outlines key developments that may influence investment positioning in the coming months. While the full report provides a detailed analysis, we’ve highlighted several key themes below to help you quickly grasp what may matter most.

HIGHLIGHTS

Interest Rates on the Move: Global bond yields rose sharply, influenced by weaker debt auctions, policy uncertainty, and inflation surprises in Canada and the UK.

Volatility May Return: While markets appear calmer for now, RiskBridge notes that July and August could bring renewed volatility driven by policy deadlines and trade concerns.

Cautious on U.S. Equities: Valuations remain elevated. RiskBridge suggests further adjustment in earnings expectations may be necessary before more constructive positioning.

Fixed Income Resilience: Bonds have outperformed stocks year-to-date, though return expectations remain modest.

Liquidity Trends Mixed: Dislocations in the U.S.–Japan yield relationship may signal emerging liquidity stress, though timing remains uncertain.

U.S. Dollar Weakness: The dollar has declined year-to-date and is currently in what RiskBridge identifies as a long-term downtrend. Monetary Policy: Futures pricing implies the potential for two Fed rate cuts by year-end, though this path remains data dependent.

Read the full report below: