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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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Pope Francis Shows Resilience Amid Health Setback


Pope Francis, 88, is resting and recovering after a recent health setback during his two-week battle with double pneumonia. The Vatican reported that the Pope experienced an isolated bronchial spasm, which caused a sudden worsening of his respiratory condition. Doctors promptly placed him on non-invasive mechanical ventilation after aspirating vomit that had been inhaled during a coughing fit.

Despite the alarming episode, the Pope remains conscious and alert. Encouragingly, he started his day with coffee and the morning newspapers, signaling a return to some normalcy. The Vatican emphasized that his prognosis remains guarded, but there have been no further respiratory crises overnight.

This health challenge comes as Pope Francis continues to inspire millions with his resilience and dedication, even amidst personal health struggles. The global Catholic community remains united in prayer for his swift recovery.

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