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Weekly Market Snapshot: Yields at Multi-Decade Highs, Oil Eases on Hormuz Hopes — Week of Sept. 22–26, 2026

Week of September 22–26, 2026 It was a week of two forces tugging in opposite directions. Bond yields surged to levels not seen since 2004–2007, driven by resilient US economic data, hawkish Fed signals, and oil-driven inflation fears — putting pressure on equities and the Canadian dollar. Then, late in the week, reports emerged that US and Iranian negotiators were exploring a phased deal to reopen the Strait of Hormuz. Oil pulled back sharply Friday, yields stabilized, and markets found enough relief to post a partial recovery. The TSX finished the week slightly lower but well off its worst levels, while US indices managed a weekly gain. 🍁 Canada — TSX & the Loonie The S&P/TSX Composite entered the week near 35,800 and, after a volatile ride, closed Friday around the same level — giving up roughly 0.3% on the week. Mid-week selling was driven by the same forces pressuring global markets: surging US Treasury yields, a rising oil-inflation premium, and investor nervousness ahea...
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Bat Cupcakes

 

Ingredients:

  • Chocolate Cupcakes: You can use homemade or store-bought.
  • Chocolate Frosting: Homemade or store-bought.
  • Candy Googly Eyes: Found in the baking section of most grocery or craft stores.
  • Mini Oreos: For the bat’s face.
  • Regular Oreos: Split and broken in half to create the bat wings.

Instructions:

  1. Frost the Cupcakes: Pipe a generous layer of chocolate frosting on each cupcake.
  2. Prepare the Bat Wings: Twist apart regular-sized Oreos and scrape off the filling. Break each half into two pieces to create wings.
  3. Make the Bat Faces: Dab two small dots of frosting onto each mini Oreo and press a candy googly eye onto each dot.
  4. Assemble: Insert two Oreo wings into the frosting at the top of each cupcake. Place a mini Oreo with googly eyes in front of the wings to create the bat’s face.

Happy baking! 🧁🦇

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