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The difference between returns on the S&P 500's equal-weighted and market-cap-weighted indexes was at its widest in October for any month since April 2009.
Lisa Abramowicz of Bloomberg reported this, citing a column by John Authers.
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Abramowicz has recently covered multiple shifts in major asset classes. She reported that yields on the lowest-rated corporate bonds reached their highest levels since 2022. In another piece, she noted that Microsoft offered buyouts to 60,000 employees even as business grew. These reports highlight notable moves across both credit and labor markets.