Latest / MPC Markets Morning Call
Oil and yields Higher into Fed Decision
The 10-year yield cracked 5.04% (highest since 2007), Brent surged past $108, and Wall Street fell again ahead of the Fed's first hike in three years. Mark and Kai cover the yield breakout and why the calm after it is unnerving, the oil supply crunch from Saudi Arabia to Libya, Jensen Huang's tone-deaf "no laws needed" push, Bitcoin's sell-off on the Clarity Act block, plus ASX stock spotlights on Telix Pharmaceuticals (FDA approval, technicals flipping green) and New Hope (dividend surprise, coal quietly outperforming). Fed decision 4am AEST Thursday.
The skinny
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