‘Bad News’: ASX Plunges to Brutal Low

Global bond meltdown as yields surge to highest levels since before GFC, $60 billion wiped off ASX

The Aussie share market had its worst day in nearly seven months, with $60 billion in value wiped off yesterday as the global bond market sell-off bled through into the market.

‘Bad news’: ASX plunges to brutal low

The Australian sharemarket has suffered its worst day in months – triggered by surging bond yields and a weak lead from Wall Street.

Closing Bell: Bond yields bite, ASX folds like a $12 deckchair

The ASX shed 1.99% in an ugly sell-off as rising bond yields, rate worries and a grim domestic backdrop wiped out Wednesday’s relief rally.

Almost $60b wiped from ASX in bond-linked bloodbath

Easing oil prices haven't shielded the ASX from its worst day since the beginning of the Iran war, as bond market jitters hit investor confidence.