A global long-bond rout drove the week: the 10-year Treasury yield touched 5.34% Thursday, its highest since 2002, and finished 10.9 bps higher even as soft payrolls and a cooler PCE cut October Fed-hike odds to about 23%. Chip equipment carried the Nasdaq 100 to a record (AMAT +11.35%, LRCX +10.24%, KLAC +10.09%) while the S&P 500 and Dow fell. Gold lost 3.48% despite repeated Hormuz ship strikes.
Archive | October 3, 2026
