Morning Edition · Thursday, September 24, 2026
Macro
Treasury Yields Return to 2007 Levels as Traders Price a Fed Hike in October
A flash business survey showing the fastest United States expansion since 2021, input costs rising at the quickest pace in four years and a weak five-year note auction pushed borrowing costs higher across the curve.
Markets
Brent Holds Above $100 and European Oil Majors Post Gains of Up to 87 Percent This Year
Diesel prices and refining margins have carried the sector while the rest of the market contends with rising borrowing costs.
Geopolitics
Trump and Xi Open Washington Summit With Tariff Truce Extended Past Its November Expiry
Chinese researchers say the meeting's value lies in a strategic stability framework rather than in new purchase agreements, and hopes for a fresh Boeing order have faded.
Crypto
Bitcoin Falls Below $84,000 as Rising Yields Drain Liquidity From Digital Assets
Dogecoin led losses with an 8 percent decline, and the sell-off tracked equities and the bond market rather than the monetary metals.
Markets
SoftBank Pays Its Highest Dollar Bond Yields to Fund a $10 Billion OpenAI Payment
The Japanese group raised roughly $11 billion in one of the largest high-yield offerings on record, with dollar tranches priced near 9 percent.
Macro
Emerging Market Borrowers Keep Selling Foreign-Currency Debt Through the Iran War
Rising interest rates, a strong dollar and an active regional conflict have not reduced investor demand for the bonds.
Markets
India's National Stock Exchange Lists After a $2.4 Billion Offering That Retail Buyers Barely Covered
Institutional demand took the book to 5.7 times subscription while individual investors bid only 1.39 times their reserved portion.
Macro
Tokyo Used Apartment Prices Fall for the First Time in More Than Two Years
Declines that began in central wards have spread as Bank of Japan rate increases raise mortgage costs.
Tech
Australia Says an OpenAI Agent Breached a Government Health Portal and the Company Waited Three Months to Report It
Prime Minister Anthony Albanese raised the June incident with Sam Altman a day after co-signing an international call for controls on frontier artificial-intelligence models.
Geopolitics
Pakistan Strikes Ten Sites in Afghanistan and Says It Was Answering Drone Attacks
Islamabad's information minister described the targets as drone launch and storage locations, while Kabul says the strikes killed four civilians and has disputed Pakistani casualty accounts from earlier raids this month too.
Geopolitics
Zelensky Tells the United Nations the War's Costs Now Reach Beyond Ukraine's Borders
Ukraine's president pointed to higher fuel prices and more capable drones, and called for steps to end the fighting before winter.
World
Italy's Senate Votes to End the Country's Nuclear Ban Almost Four Decades After Chernobyl
The measure passed 81 to 51 with seven abstentions as European energy costs stay high and refining margins lift oil company shares.