Crossword

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Across
  1. 4. Commodity whose price rally this summer was driven by supply disruptions in West Africa
  2. 6. Ratio used in portfolio management to measure excess return per unit of risk
  3. 8. The U.S. equity index that closed above 6,000 for the first time in August 2025
  4. 9. Country whose 10-year bond yield crossed 7% in June 2025 for the first time since 2018
  5. 12. Major Japanese index that hit a 35-year high in June 2025
Down
  1. 1. Broad investment strategy that spreads risk across stocks, bonds, and other assets
  2. 2. Rating agency that recently revised Japan’s outlook to “positive”
  3. 3. Fed Chair who stressed “data dependency” at Jackson Hole
  4. 5. Annual global event where governments discuss climate policy (abbr.)
  5. 7. Popular U.S. retirement account, often employer-sponsored (abbr.)
  6. 10. U.S.-based chipmaker, besides NVDA, whose stock price has surged on AI server demand in 2025
  7. 11. Currency recently promoted by BRICS nations for trade settlement