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 Russell 2000 Small-Cap ETF, dropped 7.3% as higher long-term interest rates weighed on smaller companies.
• The Federal Reserve raised interest rates in September for the first time since July 2023, with energy prices fueling inflation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CVB Financial Corporation published the original content used to generate this news brief on October 16, 2026, and is solely responsible for the information contained therein.