Economic Overview: Improving Outlook with Risk of Volatility
The U.S. economy has been remarkably resilient in the face of many these challenges, but the damage of short-term economic trends will affect our forecast for the balance of 2026 and 2027. We see lasting damage from the Iran conflict in the bond market as yields have climbed higher. The ten-year Treasury rate was at 3.99% on February 27, and at quarter end yields stood at 4.46%.
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Although the information included in this report has been obtained from sources we believe to be reliable, we do not guarantee its accuracy or completeness. All opinions expressed in this report constitute judgments as of the dates indicated and are subject to change without notice. This report is for informative purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any product or as investment advice for any purpose. Investors should contact their financial advisor prior to making investment decisions. The accuracy of any forecasts is dependent on the occurrence of future events which cannot be assured; therefore, actual results may vary from any forecasts.