Grayscale Investments launched the first multi-asset crypto exchange-traded product (ETP) today that provides exposure to the top five largest and most liquid coins: the Grayscale CoinDesk Crypto 5 ETF (GDLC). The fund tracks the CoinDesk 5 Index, providing exposure to the crypto market’s...
The Federal Reserve’s recent rate cut of 25 basis points didn’t come as a surprise to the majority of the capital markets. However, it did leave the door of uncertainty open for just how aggressive or conservative the central bank will be with...
After a relatively sluggish 2024 for mergers & acquisitions (M&A) activity in the biopharma sector, the environment could be more conducive for deals in the rest of 2025. The industry, like the rest of the capital markets, will be keeping an eye on...
Municipal bonds, commonly referred to as “munis,” are debt securities issued by states, cities, counties, and other state governmental entities to fund public projects. These bonds are a favorite among investors in high tax brackets seeking steady income with tax advantages, as they...
The yield on the 10-year note ended September 19, 2025 at 4.14%. Meanwhile the 2-year note ended at 3.57% and the 30-year note ended at 4.75%.
The chart below overlays the daily performance of several Treasury bonds, starting from the pre-recession equity market peaks,...
The S&P 500 finished the week at a new record high, its 27th of the year. The index posted a weekly gain of 1.2%, marking its sixth in the past seven weeks. Here is a snapshot of the index from the past week:
The table...