MAI Capital Q3 2026 review flags AI spending slowdown as biggest risk to equities

• MAI Capital flagged a sharp Q3 2026 bond selloff, with the 10-year Treasury yield rising to about 5.3% from 4.2%.
• It framed higher yields as consistent with a stronger economy, citing a first Fed rate hike in three years with about 75 bps more priced by mid-2027.
• It highlighted fiscal risks but said markets have not materially repriced U.S. default risk, citing a 3.7% five-year default probability.
• It said fixed income now offers more attractive entry points, with investment-grade corporate yields in the 95th percentile since 2008.
• It warned equities face the biggest risk from an AI spending slowdown, despite the S&P 500 rising 2.3% in Q3.

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. MAI Capital Management LLC published the original content used to generate this news brief on October 02, 2026, and is solely responsible for the information contained therein.