Monthly Download: March 2026

March was marked by a rise in macro- and policy-driven volatility. Equities faced pressure amid the Iran conflict and oil prices. Geopolitical developments and shifting rate expectations drove a repricing in fixed income, with front-end yields moving higher as investors priced in a more hawkish policy response to energy-driven inflation pressures.

In our latest Monthly Download, we explore themes shaping the current backdrop: the repricing of short-term government bonds following U.S. and Israel military operations in Iran; landmark rulings against major social media platforms—described by some as a “tobacco moment” for the industry; and a proposed SEC rule change that could eliminate the long-standing requirement for quarterly financial reporting.