Escalation in the Middle East lifted oil and triggered a US Treasury sell-off overnight, pushing Australian government bonds lower. Australia's 3-year government bond yield jumped 18 bps to 5.03% and the 10-year yield rose 13 bps to 5.38%, both the highest since May 2011.

2026-09-11

Escalation in the Middle East lifted oil and triggered a US Treasury sell-off overnight, pushing Australian government bonds lower. Australia's 3-year government bond yield jumped 18 bps to 5.03% and the 10-year yield rose 13 bps to 5.38%, both the highest since May 2011.