As we begin the fourth quarter of 2026, we have compiled five charts that we think highlight some of the key themes and opportunities we see in the current market environment.

Government bond yields rose sharply in Q3, creating short-term pressure on fixed income returns but improving the opportunity ahead. With yields at significantly more attractive levels and greater dispersion across credit markets, we believe the current environment offers a compelling entry point for investors and greater opportunities for active managers to capitalize on market inefficiencies.

In a recent Benefits and Pensions Monitor article, Zachary Barsky discusses why a strong funded status presents an opportunity for plan sponsors to reassess their asset mix, evaluate their risk exposure, and ensure their strategy remains aligned with longer-term objectives.