The “fair value” estimate for the 10-year US Treasury yield was basically unchanged in July, based on the average for three models run by CapitalSpectator.com. The market premium – the actual yield less the fair-value estimate — was also steady last month, holding a moderate spread.
Daily Archives: August 13, 2025
Macro Briefing: 13 August 2025
US stock market closes at another record high. The S&P 500 Index on Tuesday rallied 1.1%, marking a new all-time peak.
