Daily Markets Update: Bond Yields Hit 20-Year Highs as Oil Holds Above $100 — September 25, 2026
A bond market shockwave ripped through global equities Thursday as 10-year US Treasury yields surged to their highest level since 2007 and 30-year yields touched heights not seen since 2004. The TSX slipped for a second straight session, Brent crude held above $100 on Iran tensions, and gold fell to a two-week low — even as a reported US-Iran phased deal offered brief relief. Here's what closed and what it means for your money. 🇨🇦 Canada — TSX Index Close Change % Change S&P/TSX Composite 35,706.46 -44.97 ▼ 0.13% TSX Venture (TSXV) 913.91 — ▼ 1.17% The TSX edged lower for a second consecutive session, caught between rising global bond yields and a brief surge in oil prices. Materials and base-metals stocks weighed on the index as gold prices retreated under pressure from a surging US dollar and higher real yields. On the bright side, retailers got a lift from advance data suggesting Canadian retail sales likely rebounded in August — their strongest month since January. Shop...
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