Economy · Important news for 16 September 2026
Fed Extends Pause on Reserve Management Purchases to Mid-October
US 10-year yield hits highest level since 2007
The benchmark 10-year US Treasury yield crossed 5% for the first time since 2007/2023, driven by lingering inflation shocks, widening Middle East conflict, rising oil prices, and hawkish policymaker posture, while Treasury Secretary Scott Bessent defended his bond buyback program in contentious congressional hearings.
- US 10-year Treasury yield reached its highest level since 2007.
- Treasury Secretary Scott Bessent defended the bond buyback program in congressional hearings.
- Ten-year Treasury yield hits 5% for the first time since 2023.
- The increase is driven by lingering inflation from the Iran war.
- US 10-year Treasury yield exceeds 5% for the first time since 2023.
- Widening Middle East conflict pushes oil prices higher and hardens central bank posture.
Part of the storyline: Will the Fed raise rates again?
Indonesia's Danantara Manages $1 Trillion Sovereign Wealth Fund
10-year U.S. Treasury bond yield hits highest level since 2007
US diesel prices hit record high amid Iran conflict fallout and political blame
Oil prices rise past $108 after new Houthi strikes and Gulf shipping attacks
Bank of England dovish majority faces test from surging oil prices
Pakistan Keeps Benchmark Interest Rate Unchanged for Third Straight Meeting
Nigerian Inflation Unexpectedly Eases, Boosting Rate-Cut Hopes
Weak Chinese economic data prompts calls for fiscal stimulus
Canada urges EU to cement trade deal amid US pivot
CBO finds Iran war cost Pentagon $38.1 billion in first five months
China Home Price Slump Persists as Used-Home Values Drop Faster
Treasury secretary backs Trump's $5,000 checks amid bribery accusations
Bessent to meet He Lifeng in New York ahead of Trump-Xi summit
UK retirees with no other income will not pay tax on new state pension
Indonesia's New Finance Minister Faces Fiscal Credibility Challenges
Census Bureau Reports Rising Incomes and Falling Poverty in 2025
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