Macro and Markets: The week that was and the week ahead, Jan. 4

The 10-year Treasury yield rose to about 4.20% as markets priced in higher rates into early 2026, while the article mentions Tesla reported roughly 418,000 fourth-quarter deliveries, down about 16% year-over-year.

Markets ended the week with yields higher and mixed asset moves as investors weighed growth, inflation, and company reports. The 10-year Treasury yield climbed to about 4.20% while the Federal Funds Rate stood near 3.7% and inflation was last reported at 2.74%. Real GDP growth remained around 4.3%. Attention also focused on corporate reports, including softer fourth-quarter deliveries at Tesla. Market and corporate highlights: - The 10-year Treasury yield was about 4.20%, the Federal Funds Rate stood near 3.7%, and inflation was reported at 2.74%. - Real GDP growth was around 4.3%; oil traded near $57.29 per barrel, gold eased to about $4,332, and Bitcoin was near $91,000. - The article mentions Tesla delivered roughly 418,000 vehicles in the fourth quarter, down about 16% from a year earlier and marking a second straight annual decline. - The article mentions Tesla’s results were affected by softer U.S. demand and increased competition from BYD and traditional automakers, and that Tesla introduced lower-priced versions of the Model 3 and Model Y with shorter range and fewer features. - The article mentions Tesla shares rose modestly in early trading and finished 2025 up about 18.6%, and that investor Michael Burry said he still views Tesla as overvalued but is not currently short the stock. - Looking ahead, early January economic releases, comments from Federal Reserve officials, and the start of earnings season — including focus on AI-related spending, memory demand, and capital investment plans — are expected to shape near-term market attention. Summary: Higher bond yields and steady growth measures kept markets attentive to interest-rate expectations as 2026 begins. The article mentions a deceleration in Tesla’s deliveries in the fourth quarter, and investors will be watching early January data, Fed commentary, and incoming corporate earnings for further signals.