CVB Financial sees higher interest rates persisting into 2027
The S&P 500 rose 2% in the third quarter of 2026, driven by large AI-related stocks. The ten-year Treasury yield climbed more than 80 basis points to 5.28%, its highest level since 2007. The Bloomberg Aggregate Index fell 3.5%, reflecting pressure on bond prices from higher yields. Small-cap stocks, measured by the Rus