Bond News Today — July 18, 2026

Investors are navigating a complex landscape as market signals and economic indicators continue to shift. The recent behavior of bond yields is sending a new signal about the potential for Fed rate hikes, which could have far-reaching implications for the broader market. This development comes as some investors are reassessing their positions in winning stock-index funds, which can quickly turn volatile.

The uncertainty is also reflected in the performance of specific companies and sectors. For instance, SpaceX stock is on track for a six-day losing streak after a Starship test flight was aborted, while Anthropic is in talks with Meta to acquire compute power. Meanwhile, the end of an era for a long-term bond bull is being marked as inflation takes hold and yields trend higher. Adding to the mix, a potential market disruptor is former President Trump's upcoming speech on U.S. elections, which could have a negative impact on markets.

Today's signal:
• How your winning stock-index fund can turn on a dime (marketwatch.com)
• Anthropic in early talks with Meta to acquire compute power (cnbc.com)
• Bond yields are sending a new signal about Fed rate hikes (marketwatch.com)
• Why Trump’s speech on U.S. elections could be bad for markets (marketwatch.com)
• SpaceX stock sinks after Starship test flight aborted, pacing for a six-day losing streak (cnbc.com)
• End of an era for this long-term bond bull as inflation takes hold and yields trend higher (marketwatch.com)