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10 Things You Should Know This Week

Week of 5/24/26

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1

This takes me back to my flip-phone era – The 30-year Treasury yield recently moved above 5.19%, its highest level since 2007, bringing long-term rates back into a range not seen in nearly two decades. The shift comes amid a broader selloff in government bonds, which has pushed yields higher across maturities. (Source: CNBC)

2

They will see us waving from such great heights – The S&P 500 Index broke through a milestone level and set an all-time high above 7,500 on May 14 only to retreat days later as the tech rally lost steam. The new record came after seven consecutive weeks of gains, but higher rates, inflation worries, and continued geopolitical tensions brought volatility back to the market. (Source: FactSet)

3

Credit is cracking – US consumer delinquencies reached their highest level in nearly a decade, with 4.8% of outstanding debt in some degree of delinquency. Credit-card balances rose 5.5% to $1.2 trillion while total household debt ballooned to $18.8 trillion, driven particularly by growing mortgage balances. (Source: Federal Reserve Bank of New York, as of 4Q 2025) 

4

And so humble, too – Japanese stocks have climbed sharply, with the Nikkei 225 Index up 18% this year and 47% over the past five years. Despite those gains, the MSCI Japan Index still trades at under 18 times forward earnings compared with roughly 21 times for the S&P 500 Index. Valuations remain lower in part because of historically conservative corporate practices and lower domestic-equity participation, even as reforms begin to shift both. (Source: Barron's)

5

Wanna bet? – Prediction markets are booming, with trading volume jumping to $24.2 billion in April from $1.8 billion a year earlier, but most users aren’t sharing in the upside. On Polymarket, just 0.1% of accounts capture 67% of profits, while more than 70% of users lose money and many see only small losses that add up over time. (Source: The Wall Street Journal)

6

It may not be broken, but it's definitely gridlocked – With sales of existing homes stuck at around 4 million per year, the US housing slump has entered its fourth year in a row. Sales dropped off in 2023 and remain near 30-year lows due to an unfortunate combination of higher mortgage rates, high home prices, and a chronic shortage of available homes. (Source: AP News)

7

Loyal to me, not a company – Younger workers are often seen as more restless, but the long-term data suggests otherwise. By age 38, they had held an average of 9.4 jobs—fewer than late boomers, who had held about 10.2 at the same point in their careers. Earlier generations generally came of age in stronger hiring environments that made switching jobs easier and more frequent. (Source: Sherwood News)

8

Nervous Nelly, meet Anxious Annie – A study of insurance claims for 1.8 million children found that the number of families raising mental-health issues at visits to general practitioners rose sharply over a decade, with anxiety by far the fastest-growing complaint. Visits for anxiety rose by more than 250% during that period, to 6.1% in 2023 from 1.7% in 2014. (Source: The New York Times) 

9

Something else is going to have to make Milwaukee famous now – After 177 years, Schlitz, once the world’s best‑selling beer, is being brewed one last time, with a limited final batch recreating its mid‑century recipe before production ends. The Milwaukee‑born brand, which dates back to 1849, rose to global dominance before falling out of favor in the decades that followed.  (Source: USA Today)

10

Survival of the steadiest – Aaron Rai won the 108th PGA Championship, closing with a 65 to finish at 9 under, three shots ahead of his closest competitors, Jon Rahm and Alex Smalley. He became the first Englishman to win the Wanamaker Trophy since 1919. Rai's win capped a tournament notable for having the most crowded leaderboard in its history: After 54 holes, 22 players sat within four strokes of the lead, the most ever at a PGA Championship. (Source: The Wall Street Journal)

 

 

S&P 500 Index is a market capitalization-weighted price index composed of 500 widely held common stocks.
Japan's Nikkei 225 Index is a price-weighted index comprised of Japan's top 225 blue-chip companies on the Tokyo Stock Exchange. 
MSCI Japan Index is a free-float adjusted market-capitalization index designed to measure large- and mid-cap Japanese equity market performance.

Forward earnings are a company's projected profits for a future period, typically the upcoming 12 months. 

Investing involves risk, including the possible loss of principal.  • Fixed income security risks include credit, liquidity, call, duration, and interest-rate risk. As interest rates rise, bond prices generally fall. • Foreign investments may be more volatile and less liquid than US investments and are subject to the risk of currency fluctuations and adverse political, economic and regulatory developments. These risks may be greater, and include additional risks, for investments in emerging markets or if the Fund focuses in a particular geographic region or country, such as Japan.

Past performance does not guarantee future results. Indices are unmanaged and not available for direct investment.

Hartford Funds may or may not be invested in the companies referenced herein; however, no particular endorsement of any product or service is being made. 

 

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