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ASX slumps as bond market rattles Wall Street; Unemployment hits 5-year high

Katherine Langford
Katherine Langford
Editor-in-Chief · Thursday, September 24, 2026 at 2:31 AM · 1 min read
ASX slumps as bond market rattles Wall Street; Unemployment hits 5-year high — Sydney Morning Herald Business, Lincoln Business news
Image: Sydney Morning Herald Business

The Australian sharemarket declined on Thursday, as oil prices rallied back over the $US100-a-barrel mark overnight and bond yields turned sharply higher.

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