Wednesday16th September 2026
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Bond yields are still at multi-year highs, driven by inflation concerns, in turn driven by oil prices, which are still rising, alongside expectations for rate hikes from central banks. NAB’s Skye Masters says markets have almost fully priced in a rate hike from the Fed tomorrow morning (our time) but there will be interest in the dots plot (whilst it’s still a thing) to determine future moves. Phil and Skye also look at the rise in Japanese Government Bonds Yields. As Phil points out, the last time they were this high nobody had heard of the Spice Girls.