September 24: Global Bond Sell-Off September 24, 2026 10:20 PM GMT Global Macro Commentary | Global Oil extended gains amid geopolitical tensions; US data remained firm and Fed rhetoric stayed hawkish; global yields rose; EM FX weakened; Banxico held at 6.50%; DXY at 101.26 (+0.2%); US 10y at 5.20 (+8.4bp). Higher energy prices, resilient US activity, and increasingly restrictive policy expectations drove a global duration sell-off, strengthened the dollar, and pressured rate-sensitive and carry-oriented as ...

October 7, 2026 11:23 PM GMT Global Macro Commentary | North America October 7: Dollar Gains, Bonds Diverge Higher oil and Middle East tensions supported USD; Fed minutes stayed hawkish; strong 10y auction checked the Treasury sell- off; French fiscal stress widened OAT spreads; RBI hiked 25bp; DXY at 102.27 (+0.4%); US 10y at 5.28 (+0.4bp). Higher energy prices and European fiscal concerns supported the dollar and pressured risk assets, while strong demand at the US 10y auction reversed part of the earlier ...

October 15, 2026 05:16 PM GMT Inflation Drove the Treasury Sell-Off Through Real Yields Inflation and the Fed's response to it drove most of the Treasury sell-off. A hawkish Fed lifts real yields and lowers breakevens while higher energy prices lift breakevens, so real yields rose while breakevens barely moved. We don't buy the argument that this sell-off wasn't about inflation. Key Takeaways Click here for our Bloomberg Ticker Almanac. Please add me to your distribution list. | M October 15, 2026 05:16 PM ...