According to @EricBalchunas, mutual fund to ETF conversions typically lower investor costs, with average expense ratios declining from 89 basis points before conversion to 53 basis points after conversion, source: Eric Balchunas on X, Jan 16, 2026. He adds that aligning with the market’s pricing norms is key to succeeding in ETFs, highlighting fee reductions as central to competitiveness, source: Eric Balchunas on X, Jan 16, 2026. This implies a reduction of about 36 basis points, roughly a forty percent decrease, based on his figures, source: Eric Balchunas on X, Jan 16, 2026.

According to Omkar Godbole, the US two-year yield decreased by 8 basis points after the Federal Reserve's latest rate decision. This movement indicates a market reaction to the Fed's policy stance, potentially affecting short-term interest rates and bond markets.

According to The Kobeissi Letter, the Federal Reserve has updated its dot-plot, revealing a significant shift in rate cut expectations for 2025. Four Fed officials now anticipate no rate cuts in 2025, a notable increase from just one official in December. The median forecast, however, still suggests 50 basis points of rate cuts for the year.

According to The Kobeissi Letter, energy prices are directly tied to CPI inflation, and a Federal Reserve study indicates that a $10 drop in oil prices can reduce inflation by 20 basis points. With oil prices currently down by $10.20 from their peak, this significant decline over three weeks is expected to impact inflation rates.