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S&P 500 Hits Record as Inflation Cools | Closing Bell, 10s -2bp

desk brief, Thu 13 Aug 2026

Treasuries (close 2026-08-12): 2s 4.2% (-2.0bp), 10s 4.68% (-2.0bp), 30s 5.24% (+0.0bp).

Tape (close 2026-08-12): VIX 14.55, 2s10s +48bp.

Narrative: Trump: US Controls Hormuz Strait, 'I Think We Will Keep It' - Confirms Economic Siege Strategy

What mattered:

  • S&P 500 Hits Record as Inflation Cools | Closing Bell
  • Mortgage rates tick down after encouraging inflation news
  • US sells 30-year bonds at highest borrowing costs since 2001
  • Treasuries Show Strong Move To The Upside Following Inflation Data
  • U.S. sells 30-year T-bonds at highest yield since 2001
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