Fund News Today — September 24, 2026

Investors are bracing for continued interest rate hikes from the Federal Reserve, with the New York Fed's John Williams saying it's "reasonable" to expect another rate increase by the end of the year. This view is being reinforced by rising Treasury yields, with the 10-year yield hitting a 19-year high, prompting investors to bet on further rate hikes. However, not everyone agrees with this outlook, including the former Dallas Fed chief, who thinks the market is pricing in too many Fed hikes.

The global economy is also dealing with the consequences of high debt levels, with global debt now topping $365 trillion and economists warning of a "vicious cycle". Against this backdrop, individual investors are having to navigate complex financial decisions, as highlighted by a personal account of managing an aging parent's money. Even celebrities are not immune to the ups and downs of the market, with Selena Gomez selling her Encino mansion for $5.4 million. As investors navigate these uncertain times, they will be closely watching the Fed's next moves and their impact on the global economy.

Today's signal:
• ‘We made a bad, bad decision’: I learned the hard way how to manage my aging father’s money (marketwatch.com)
• New York Fed’s Williams says it's 'reasonable' to expect another rate hike by year-end (cnbc.com)
• Selena Gomez sells her Encino mansion, once owned by Tom Petty, for $5.4 million (marketwatch.com)
• The market is pricing in too many Fed hikes, says the former Dallas Fed chief (marketwatch.com)
• Global debt tops $365 trillion as economists sound alarm over 'vicious cycle' (cnbc.com)
• Treasury yields continue to rise after 10-year hit 19-year high as investors ramp-up rate hike bets (cnbc.com)