Daily Alert

Finvaulta tracks 4 editions of Daily Alert from Commonwealth Bank of Australia, published between September 21, 2026 and September 24, 2026. Each edition is summarized on its own page.

Latest edition · September 24, 2026

Economics Economics Daily Alert 24 09 2026

US equities fell alongside government bonds as 10-year Treasury yields climbed to 5.11%, their highest level since 2007, driven by strong business activity data and surging crude oil prices. Brent crude rose above $US103/bbl after Iran refused to reopen the Strait of Hormuz, stoking expectations of further Federal Reserve rate hikes.

Global financial markets experienced heavy selling pressure across equities and fixed income on Wednesday. Strong US Composite PMI data (58.4) and a rally in Brent crude above $US103/bbl on heightened Middle East geopolitical tensions reinforced expectations of prolonged monetary tightening. Benchmark US 10-year yields reached 5.11% while 2-year yields rose to 4.90%, worsened by weak demand at a $US70bn five-year note auction. US equity indices retreated between 0.7% and 1.1%, led lower by utilities and consumer discretionary sectors, while the US dollar appreciated against all major currencies including the Australian dollar.

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Key takeaways from the latest edition

  • 1.US equities fell and benchmark 10-year Treasury yields surged 15 bps to 5.11%, reaching their highest level since 2007 following strong US business activity data.
  • 2.Crude oil rallied above $US103/bbl after Iran signaled the Strait of Hormuz will not be reopened without meeting its conditions, fueling inflation concerns and Fed rate hike expectations.
  • 3.A weak $US70 billion 5-year Treasury auction and hawkish remarks from Fed Governor Michael Barr reinforced market expectations for further Fed interest rate hikes, with fed funds futures pricing a 66% chance of an October hike.

What this series covers

  • US shares fall as 10-year Treasury yield hits highest since 2007
  • Key Events to Watch
  • Australia and NZ

Edition archive

Series at a glance

Editions tracked
4
First edition
September 21, 2026
Latest edition
September 24, 2026
All Commonwealth Bank of Australia research

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