Latest / MPC Markets Morning Call
Stocks Retreat from Record Highs
Wall Street snapped a four-session win streak as 10-year and 30-year Treasury yields surged to their highest levels since 2002. Fed minutes revealed all 19 officials backed September's rate hike, with most signalling another by year-end. Brent crude settled near US$100 amid ongoing Hormuz tensions, France's bond crisis deepened with the Franco-German spread at 141bp, and the AI bubble debate intensified. Plus chart updates on Telix, ProMedicus and New Hope, and a preview of US earnings season starting next week.
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