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5 Things to Know Today — September 24, 2026

  Thursday, September 24, 2026 5 Things to Know Today Bond yields are hitting levels not seen in decades, Trump and Xi just extended a trade truce, and the Bank of Canada is mired in a near-100-day strike. Here's what Canadians need to know this morning. 1 · Markets TSX Sinks as Bond Yields Hit Multi-Decade Highs The TSX dropped 584 points on Wednesday — a 1.61% slide — closing at 35,751.43 and breaking through its 25-day and 50-day moving averages. It was the worst single-session performance in weeks, reversing three straight days of gains. The selloff was driven by rising energy prices and a global bond market rout that has sent U.S. 10-year Treasury yields toward 5.1%, their highest since 2007, while Canada's 30-year yield hit a level not seen since 2004. Higher yields pull money out of equities and push up borrowing costs across the board. Big bank stocks led the decline — RBC fell 2%, TD dropped 2.4%, BMO shed 2%, and Scotiabank retreated 1.6% — while gold miners added to ...
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Russia Escalates Energy Grid Attacks Amid Upcoming U.S.-Ukraine Talks

In a significant escalation, Russia launched a large-scale missile and drone attack on Ukraine's energy infrastructure, leaving at least ten people injured, including a child. The assault comes shortly after Ukrainian President Volodymyr Zelensky announced that his team would engage in peace talks with U.S. officials next week.

The overnight bombardment targeted natural gas extraction facilities and other critical energy infrastructure, with Ukraine's air force reporting 67 missiles and 194 drones deployed by Russian forces. Ukrainian defenses managed to intercept 34 missiles and 100 drones, while others caused extensive damage. Energy Minister Herman Halushchenko condemned the attacks, accusing Russia of attempting to "weaponize winter" by depriving civilians of light and heat.

This marks the first major attack since the U.S. announced a pause in military aid to Ukraine, a move that has raised concerns about Kyiv's ability to defend itself. Zelensky, who plans to meet Saudi Crown Prince Mohammed bin Salman before the talks, expressed hope for meaningful progress toward peace. However, the attacks underscore the challenges ahead as Ukraine seeks to rebuild its energy grid and maintain civilian morale amidst ongoing hostilities.

The upcoming talks in Saudi Arabia are expected to focus on a framework for peace and a potential ceasefire, but the path to resolution remains fraught with complexities.

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