CVBF•CVB Financial sees higher interest rates persisting into 2027. In the third quarter of 2026, the 10-year Treasury yield rose more than 80 basis points to 5.28%, while the S&P 500 gained 2%.
The S&P 500 rose 2% in the third quarter of 2026, driven by large AI-related stocks. The 10-year Treasury yield climbed more than 80 basis points to 5.28%, its highest level since 2007, and the Bloomberg Aggregate Index fell 3.5%.
The Russell 2000 Small-Cap ETF fell 7.3% as higher long-term interest rates weighed on smaller companies. The Federal Reserve raised interest rates in September for the first time since July 2023, with energy prices fueling inflation.
