Finance, Markets, and Interviews by Sonali Basak
Slower capital raising seen for major AI firms amid higher rates, Sonali Basak notes
Higher interest rates persisting for a longer period are leading to a repricing in the more exuberant segments of equity markets. Sonali Basak said this environment is making it less surprising to ...
Sonali Basak: 10-year yield begins week about 30 basis points below its 2026 peak
The yield on the 10-year U.S. Treasury started the week roughly 30 basis points below its highest point seen in 2026. Sonali Basak commented that if the Federal Reserve continues to hike rates or ...
ICapital Network Research Exchange debuts with debate and market analysis, Sonali Basak notes
The inaugural iCapital Network Research Exchange featured a week of debate and market deep dives. Sonali Basak shared several photos from the event, highlighting its focus on in-depth market ...
Sonali Basak: Over $2 trillion of capital allocators attended recent major finance gatherings
More than $2 trillion of capital allocators were present at a recent gathering, according to Sonali Basak. Basak also attended other large events hosted by Citadel Securities and other major ...
Top VC-backed private companies attract large investor bases, Sonali Basak notes
The five largest venture capital-backed private companies are now described as quasi-public due to the size of their investor bases. Sonali Basak highlighted this observation as the central theme ...
Sonali Basak: Bond market reversal seen as overdone, yields remain below 5.3% high
Yields in the bond market are now a bit more comfortably below the recent 5.3% high following a sharp reversal this week, a move Sonali Basak described as probably overdone. Basak also stated ...
Drivers of long-term yields explored in latest episode, Sonali Basak notes
Sonali Basak released a new episode featuring Steve Miran that addresses the issue of where inflation is a concern, where it is not, and factors behind the drift higher in long-term yields. Basak ...
Sonali Basak: JPMorgan expects net interest income to reach $107 billion next year
JPMorgan said its net interest income (NII) is set to expand by almost $10 billion next year, reaching about $107 billion. Sonali Basak reported that JPMorgan, Citi, and Wells Fargo recently set a ...
All 11 S&P 500 sectors are projected to post EPS growth, Sonali Basak notes
All 11 sectors in the S&P 500 are expected to report positive EPS growth in the current reporting season, marking the broadest positive performance since the pandemic. Sonali Basak points out, ...
Sonali Basak: U.S. 10-year Treasury auction raises $39 billion at 5.3 percent yield
Sonali Basak reports that this week's $39 billion 10-year U.S. Treasury auction was seen as successful, taking place at yields not seen in decades. Basak highlights that the fiscal term premium ...
Divergence in markets driven by inflation and leverage, Sonali Basak notes
Sonali Basak highlights how a divergent economy, impacted by inflation affecting various sectors and leveraged participants differently, is resulting in noticeable divergence within markets. She ...
Sonali Basak: Yield curve steepening as markets see lower rate hike odds
Sonali Basak highlights recent moves in the yield curve, particularly the steepening of the spread between 2-year and 10-year U.S. Treasury yields. Basak observes that this change is driven by ...
U.S. borrowing costs triple since Covid, Sonali Basak notes
Sonali Basak reports that higher yields have driven the total price paid on U.S. borrowing above $1.1 trillion. This aggregate amount is now more than triple the level seen during Covid, and Basak ...
Sonali Basak: AI is crucial for stability in the economy and financial markets
Sonali Basak highlights the importance of artificial intelligence in driving both economic growth and the stability of financial markets. She shares a conversation with Torsten Slok, referencing ...
Current homebuyers pay record prices and high rates, Sonali Basak notes
Sonali Basak argues that mortgage rates are very high for a generation that has never experienced such levels. She highlights that this group faces not only record mortgage and home prices but ...
Sonali Basak: 80 percent of investors view power as main focus in infrastructure and AI investment
Sonali Basak reports that in a gathering of about 200 investors, a striking 80 percent identified power as their top area for investment within the infrastructure and AI sectors. She notes that ...
Warsh seen as influential in rate outlook, Sonali Basak argues
Sonali Basak shares insights on the current debate over interest rates, suggesting that higher rates could potentially address the challenges caused by rising rates. She notes that investor ...
Sonali Basak: Interest rates likely to reach 5 percent, with 5.3 percent possible by October end
Sonali Basak notes that interest rates are expected to reach 5 percent, raising the question of whether a move above 5.3 percent could occur by the end of October. She acknowledges that the ...
Macro trends take center stage amid new economic data, Sonali Basak notes
Sonali Basak highlights a major week for economic data, noting that macroeconomic trends are regaining prominence in market discussions. Basak referenced her participation on Fox Business with a ...
Sonali Basak: Core CPI moving closer to Fed target ahead of FOMC meeting
Sonali Basak highlights that the most recent jobs report has passed, placing attention on the consumer price index (CPI) as the next significant market event before the Federal Open Market ...
Japan 10-year bond yields climb to 3 percent, Sonali Basak notes
Sonali Basak reports that Japan's 10-year bond yields have surged to 3 percent, marking their highest levels since the mid 1990s. She notes that this rise in yields is significant when compared ...
