ASX 200 posts worst day since March, falling almost 2%
from FR Money Wire Hosted by Miko Santos
Australian shares tumbled to their lowest level since June as surging global bond yields hit every sector, overshadowing a big M&A deal and a record-high profit upgrade earlier in the day. Wall Street stayed mixed overnight while the Aussie dollar and oil held their ground. The Financial Register is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit theregisterau.substack.com/subscribe
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