All themes
Interest rates
412 managers wrote about this in 1009 letters. Every passage below is copied verbatim from the letter it came from.
Share of letters mentioning it
- 2024 Q473% of 30
- 2025 Q160% of 40
- 2025 Q245% of 88
- 2025 Q363% of 88
- 2025 Q454% of 129
- 2026 Q144% of 137
- 2026 Q234% of 709
- 2026 Q350% of 878
- 2026 Q451% of 118
- Nakano Japan Growth FundNov 2026
Turning to the macroeconomy, rising inflation and the accompanying rise in interest rates will bring about a slowdown of the world economy.
Read the letter → - Malborough Multi-AssetNov 2026
The Federal Reserve held interest rates steady at 3.75– 4.00% in a 10–2 vote, with both dissenters favouring a further rise.
Read the letter → The Federal Reserve and European Central Bank held rates unchanged but acknowledged that inflation remained elevated, leaving the interest-rate outlook uncertain.
Read the letter →- Malborough Global SmallCapNov 2026
The Federal Reserve held its target rate at 3.75%–4.00% following September’s increase, noting strong economic activity, resilient domestic spending and robust capital investment, but maintaining that inflation remained elevated.
Read the letter → - Platinium AM Platinum TrustOct 2026
Utilities, Industrials and Real Estate lagged, reflecting rising longer-term interest rates and pockets of economic weakness.
Read the letter → - Somma Investimentos FundsOct 2026
If, in the first weeks, external interest rates were rising and domestic assets were gaining value, along that same path, at the end of the last thirty days, they had traced their return.
Read the letter → - Osprey Private WealthOct 2026
The Fed is continuing to monitor the situation and is particularly paying close attention to the dramatic rise in interest rates for longer-term treasuries, specif- ically the 10-year rate, which is a key benchmark for mortgages and corporate bonds.
Read the letter → - AcatisOct 2026
Our funds did not per- form strongly: on the interest side, higher interest rates put pressure on share prices.
Read the letter → - Mitsubishi UFJ Asset Management Co. Global Fixed IncomeOct 2026
A war that never needed to take place pushing up inflation and interest rates.
Read the letter → - Avity Investment Management PerspectiveOct 2026
PERSPECTIVE October 2026 Financial markets navigated a complex third quarter as resilient economic growth and strong corporate earnings withstood persistent inflation, rising interest rates, and geopolitical uncertainty.
Read the letter → - Loomis SaylesOct 2026
Interest rates rose across the yield curve, which led to longer duration assets underperforming.
Read the letter → - Hennessy Japan Small Cap FundOct 2026
Geopolitical tensions in the Middle East resurfaced following a U.S. military strike on Iran, while higher crude oil prices and rising long-term interest rates globally weighed on investor sentiment, leading to declines in artificial intelligence (AI) and semiconductor-related stocks.
Read the letter → - Alta Capital Management LLC/Oct 2026
Businesses benefiting from the Artificial Intelligence (AI) buildout continued to drive strong growth in corporate earnings, while rising interest rates weighed on valuations and sentiment.
Read the letter → - IKIGAI Asset Manager Emerging Equity Fund and Small Cap FundOct 2026
We have never believed that wealth creation comes from predicting the next move in an index, interest rates or geopolitics.
Read the letter → - Liontrust UK Micro Cap FundOct 2026
One might expect rising interest rates and bond yields to provide an obstacle to the nascent revival in Quality Growth, given the impact on discount rates applied to future cash flows, but this hasn’t been the case in recent weeks.
Read the letter → The Fund has exposure to bonds, the prices of which will be impacted by factors including; changes in interest rates, inflation expectations and perceived credit quality.
Read the letter →- Troy Multi-Asset StrategyOct 2026
In 2026, the surprise to many has been the rising march of bond yields and more recently interest rates, as central banks have been proven to be behind the curve, and complacent on the inflation outlook.
Read the letter → - Abaco Capital Global Value OpportunitiesOct 2026
On the contrary, the Federal Reserve raised interest rates again in September, the yield on the 10-year US bond exceeded 5% and that of the 30-year bond reached highs of almost two decades.
Read the letter → - Pender Market InsightsOct 2026
While the economy has strengthened, it’s not to the point of needing higher interest rates; a large part of this hike is about keeping pace with the US to protect the Canadian dollar.
Read the letter → - Alaska Asset Management Fund FamilyOct 2026
Mixed economic indicators, combining softer employment data and still-resilient inflation, led the Federal Reserve to opt for keeping interest rates unchanged.
Read the letter → - Drys Capital Equitas Equity Funds (Selection, High Convictions and Vision)Oct 2026
With the result, the market began to price higher interest rates for longer: the curve, which before the second round indicated a Selic of 12.5%, began to point to about 15%.
Read the letter → - Jacob Funds ManagementOct 2026
Oil prices rebounded sharply in recent months, while both short- and long-term interest rates climbed to multi-decade highs.
Read the letter → Q3 was dominated by the persistence of the Middle East conflict and its flow-through to energy prices, inflation and long-term interest rates.
Read the letter →Similarly, insurance (-3.6%) continued its decline reflecting its higher sensitivity to rising interest rates with a P&C insurer contributing largely to the decline, while transportation (-3.3%) underperformed as higher oil prices increased fuel costs and pressured margin expectations across freight, logistics, and travel-related issuers, with a payment default adding to sector weakness.
Read the letter →- Nakano World Growth FundOct 2026
Turning to the macroeconomy, rising inflation and the accompanying rise in interest rates will cause a slowdown of the global economy.
Read the letter → - CDT Capital VNAVOct 2026
Aided by a retracement in interest rates, 9 out of the 11 sectors of the S&P 500 Index rallied and returns across all sectors were an average of +4.76%, but the market index declined by approximately -1%.
Read the letter → - Lumen Vietnam FundOct 2026
Domestic interest rates continued to act as the primary constraint on market recovery.
Read the letter → Tradeweb Markets operates electronic marketplaces where institutional investors, dealers and wealth managers trade government and corporate bonds, interest rate swaps, ETFs and money market instruments.
Read the letter →- Beck Mack & OliverOct 2026
Elevated energy prices have contributed to faster inflation, and in response the Federal Reserve recently raised short-term interest rates, which are expected to increase further in the months ahead.
Read the letter → - Lowell Resources FundOct 2026
Metals • Gold fell approximately 4.8% in October in US dollar terms as interest rate rises weighed on the precious metals market.
Read the letter → Developments in energy markets added further complexity to the inflation and interest rate outlook.
Read the letter →The company had expected a gradual recovery in the housing market supported by interest rate cuts, but as these cuts were not forthcoming and mortgage rates remained elevated, the company suffered owing to a lack of transactions.
Read the letter →- Halvio CapitalOct 2026
Citizens isn’t the only bank that has done well as many smaller less liquid banks have seen their stock prices increase as U.S. interest rates are back to a more normal level compared to a few years ago and some of these banks can now earn a decent spread.
Read the letter → - Rhenman Healthcare Equity L/SOct 2026
This could have implications for the inflation and interest rate outlook, and it is the small-caps in the sector that are the most sensitive to interest rates.
Read the letter → The US Federal Reserve and the European Central Bank have both raised interest rates to counter this recent increase in inflation.
Read the letter →Central Bank Policy Finally, the US Federal Reserve delivered its interest rate decision, choosing to hold benchmark rates steady in a target range of 3.75% to 4%.
Read the letter →- WCM Global Growth LimitedOct 2026
Despite US inflation rising to a slightly higher than expected 3.7%, the US Federal Reserve and the European Central Bank both left interest rates unchanged and bond yields eased back from the multi-decade highs reached the previous month.
Read the letter → - Drys Capital Credit FundsOct 2026
DRÝS INFRA CDI FIC de FIF Renda Fixa Investimento em Infraestrutura - RL Within the infrastructure fund family, we launched a new fund: Drýs CDI Debêntures de Infraestrutura, which invests in incentivized debentures and hedges its exposure to interest rate risk through derivatives, making the portfolio fully indexed to the CDI.
Read the letter → - Malborough US Focus FundOct 2026
Monthly Commentary US Focus Fund3 OF 3 Market expectations for the future path of short-term interest rates have risen significantly during the year, with futures prices as of 30 September implying a Fed Funds rate of approximately 4.78% in 2027.
Read the letter → - TM Ruffer Portfolio FundOct 2026
The fund’s duration (interest rate sensitivity) has nearly doubled since July.
Read the letter →
Showing the 40 most recent of 1009 letters.