"As investors dumped stocks and bonds in an increasingly febrile environment, Donald Trump’s promise to give every US adult citizen a US$5,000 “dividend” after the November midterms if Republicans win added to alarm around the parlous state of the country’s finances.
Investors pushed US bond yields towards 5% for the first time since 2007 as the prospect of higher energy costs firmed up expectations that the US Federal Reserve would need to hike rates again.
That dragged Australia’s 10-year rate up to 5.38% and to fresh 15-year highs."
Framing: assertive ·
First seen: 2026-09-11 ·
Last seen: 2026-09-11 ·
Spread: 1 articles