
Stocks Set A Record And Borrowing Costs Set A 24-Year High
The Nasdaq closed at a record as the 10-year Treasury yield hit a 24-year high, Paramount's Warner deal closed, and C.H. Robinson agreed to buy RXO.











Brian Curcio is the co-founder of Rapunzl, a financial literacy company that helps students in grades 6–12 build real money skills through a standards-aligned personal finance curriculum, a real-time stock market simulator, and free national scholarship competitions. He co-founded Rapunzl in Chicago in 2017 on a simple conviction: finance shouldn't stay locked in an “Ivory Tower,” reserved for a lucky few — every student deserves to understand money before the world asks them to use it. What started in a single Chicago high school has since reached more than 100,000 students nationwide, with a mission to ensure every student graduates high school financially literate and prepared. Brian was named to the Forbes 30 Under 30 list in 2023 for his work making financial education accessible in classrooms across the country, and he reviews and shapes the ideas behind Rapunzl's educator resources and blog.

The Nasdaq closed at a record as the 10-year Treasury yield hit a 24-year high, Paramount's Warner deal closed, and C.H. Robinson agreed to buy RXO.

The euro hit a 17-month low on France's budget deadlock, a weak jobs report cut October Fed-hike odds to 16%, and the G7 tapped its fuel reserves.

Treasury yields hit a 2002 high and then reversed on a Fed speech, mortgage rates posted their biggest weekly jump in four years, and Nike plans to shrink.

Core inflation came in softer than forecast, long-term Treasury and French borrowing costs hit multi-decade highs anyway, and Micron set a record.

A New York Fed official said there is no urgency on rates, short-term Treasury yields fell as long-term yields rose, and China's factories grew again.

Treasury yields set a fresh 19-year high Monday, Australia raised rates a fourth time, and Spanish inflation hit 5%. Wednesday's data is the test.

Trump rejected Iran's truce offer Saturday. Oil rose close to 3% Monday, the Treasury selloff resumed, and Germany's Bund yield hit a 2009 high.

Freddie Mac's weekly survey put the 30-year mortgage at 7.03%, its first reading above 7% since early 2025, as Treasury yields reached multi-decade highs.

A hot business survey and a weak $70 billion Treasury auction sent the 10-year yield to 5.11%, and the U.S.-China tariff truce was pushed to January 10.

Diesel set another record while crude fell below $100, and President Trump backed a ban on U.S. diesel exports that analysts warn could backfire.

A semiconductor rally led by AMD's first $1 trillion close carried the Nasdaq to a record, as oil fell and long-term Treasury yields eased.

Crude fell a fourth session on hopes of U.S.-Iran diplomacy, lifting stocks worldwide, as Washington and Beijing prepared for Thursday's summit.

Stocks posted their best day in six weeks and Treasury yields fell back after the Fed's hike, while the Bank of Japan raised rates to a 31-year high.

The Fed raised rates a quarter point to 3.75%-4.00% in a unanimous vote, most officials project one more this year, and oil fell for a second day.

The Fed is expected to raise rates today for the first time since 2023 as the 10-year Treasury yield closes at 5%, oil eases, and AI stocks rebound.

The 10-year Treasury yield topped 5% for the first time since 2007 as the Fed opened a two-day meeting, oil stayed near $108, and AI stocks split.

Markets are positioning for a possible Fed rate hike Wednesday as an AI-slowdown warning rattles chip stocks and oil jumps on a Saudi pipeline attack.

August core inflation ran hotter than expected, pushing odds of a Fed hike next week toward 90%, plus Oracle's $664B AI backlog and diesel's record $6.

Oil near $100 and hot wholesale prices pushed Fed rate-hike odds to about 70% and yields to multiyear highs, plus the ECB's hike to 2.50%.

Brent crude topped $100 for the first time since July as the U.S. and Iran traded strikes near Hormuz, plus Google's $15.1B Finland AI bet.

U.S. stocks fell as markets returned from Labor Day to oil near $100, Canada's retaliatory tariffs taking effect, and a $4B Qualcomm-Amazon AI chip deal.

August payrolls came in at 162,000 against a 53,000 forecast. Treasury yields jumped, stocks fell, and a September Fed rate increase is back in play.

Fed Governor Waller said he could back a September hold and yields eased. Nvidia is paying $12.9B for Hugging Face. Broadcom's record quarter, explained.

Private payrolls rose just 38,000 in August, the weakest since January, even as the 10-year Treasury yield climbed to 4.79%. The Fed's bind, explained.

Nvidia invested $3.5 billion to stay central to the AI buildout, while a Gulf flare-up pushed oil past $92 and lifted government bond yields worldwide.