The Daily Allocator — Friday, 11 September 2026

A global bond selloff is pushing benchmark borrowing costs toward multi-decade highs, with the 10-year US Treasury yield testing 5% on stubborn energy inflation and rate-hike fears despite Treasury buybacks. Equity futures are attempting a rebound behind blowout cloud and AI data center numbers from Oracle, even as trade tensions flare between Washington and Ottawa. In Europe, the ECB delivered its second rate hike of the year to 2.5%, prioritizing price control over growth headwinds.