Fidelis Capital flags August market gains as hawkish Fed bets lift yields to decade highs

• Fidelis Capital published a monthly market recap highlighting broad equity gains, led by the S&P 500 up 2.7% in August.
• Nasdaq rose 3.9%; developed international equities outperformed US large caps amid strong earnings and sustained AI-driven investor demand.
• Treasury yields climbed to decade highs as markets priced at least two 0.25% Fed rate hikes by year-end.
• Fixed income returns stayed roughly flat year-to-date; longer-maturity municipal bonds lagged as yields rose.
• Commodities jumped 7.1% for the month; gold gained 9.7%; bitcoin surged 25.4%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fidelis Capital LLC published the original content used to generate this news brief on September 03, 2026, and is solely responsible for the information contained therein.