‘Horror Show’: ASX Slumps on Rate Fears

‘Horror show’: ASX slumps on rate fears

Rising oil prices and bond yields not seen since 2007 have delivered a “horror show” for the ASX, dragging the benchmark index to an 11-week low.

ASX 200 Edges Higher After 11-Week Low as Markets Await Crucial Wednesday US Fed Interest Rate Decision

Australia's ASX 200 recovered modestly after reaching an 11-week low, but remains under pressure from rising global bond yields, expected rate increases, AI concerns and broader market weakness.

Closing Bell: Oil, bonds and miners form a Tuesday ASX misery supergroup

The ASX sank 0.88% as oil and bond yields piled on the pressure, with miners, banks and energy leading the retreat.

ASX Today: ASX hits two-month low as oil surge fuels rate fears

Australian shares fall to a two-month low as rising rate expectations hit risk appetite, while tech stocks rebound and White Cliff surges.