Edition for Wednesday, August 12, 2026

Yields Find Their Floor: Disinflationary Hope Fades as Market Adjusts to 'Higher for Longer'

Wednesday's session will likely see US Treasury yields grind higher, dampening equity sentiment, particularly in growth-oriented sectors, as disinflationary bets continue to unwind.

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

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Opening Bell

SPX

-0.80%

↑ 30%

NDX

-1.20%

↑ 25%

DJI

-0.50%

↑ 35%

RUT

-1.50%

↑ 20%

VIX

+5.50%

↑ 70%

DXY

+0.30%

↑ 60%

The Editorial

The Disinflation Mirage Recedes as Yields Solidify Fed's Stance

Wednesday's session will likely see US Treasury yields grind higher, dampening equity sentiment, particularly in growth-oriented sectors, as disinflationary bets continue to unwind.