Edition for Tuesday, August 11, 2026

Yields Reassert Their Dominance as the Market's True Policymaker

Rising long-end Treasury yields will continue to weigh on growth-sensitive assets and consumer discretionary names throughout Tuesday's session, despite any temporary relief in inflation readings.

Our call:Markets should go down·65% chance we're right·confidence 80/100

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Opening Bell

SPX

-0.80%

↑ 35%

NDX

-1.20%

↑ 30%

DJI

-0.60%

↑ 40%

RUT

-1.50%

↑ 25%

VIX

+5.00%

↑ 70%

DXY

+0.30%

↑ 60%

The Editorial

Yields Reassert Their Dominance as the Market's True Policymaker

Rising long-end Treasury yields will continue to weigh on growth-sensitive assets and consumer discretionary names throughout Tuesday's session, despite any temporary relief in inflation readings.