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Bloomberg

Global Bond Selloff Deepens; US, China Extend Trade Truce; Trump-Xi Summit

Thursday, September 24, 2026


US Treasury yields rose, with the 30-year yield reaching its highest level since 2004 as global bond markets declined. Oil prices increased following reports that Iranian officials said the war with the US could expand. The United States and China agreed to extend their trade truce by two months, with Presidents Trump and Xi scheduled to hold a state summit.

Original reporting: https://www.bloomberg.com/news/videos/2026-09-24/bloomberg-brief-09-24-2026-video

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