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Oil pullback eases bond panic as global yields touch multi-decade peaks
Description
Market news for October 1 2026: US Treasury yields surged to multi-decade highs amid soaring energy costs and inflation fears, while Asian tech stocks rallied on strong AI demand. Although falling oil prices provided brief relief, investors remain cautious regarding potential Federal Reserve rate hikes.
Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.
Written by: Howie Lim (howielim@sph.com.sg)
Produced and edited by: Chai Pei Chieh & Claressa Monteiro
Produced by: BT Podcasts, The Business Times, SPH Media
Produced with AI text-to-speech capabilities
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