(2/2) near 5.48%. Demand was weak: a planned $6 billion bond buyback took only $4.08 billion. Markets expect more Fed increases. Higher yields raise the bar for stocks and other risk assets. Also in focus • Mortgages at 7.45%. The average 30-year US mortgage rate is the highest in three years, 1.5 points more than six months ago. • Oil cools on talks. Brent fell below $106 on reports of talks that could reopen the Strait of Hormuz. But a Houthi attack on Saudi Aramco sites kept the risk alive. This move is not only about the Fed. Deficits and oil are pushing long-term yields too, and the Fed doesn't control that part.

Help me review my last trade through the process, not the outcome. Don't judge me as a trader based on a single result—assess the quality of my decisions. What I planned before entering (setup, conditions, risk, target): [your answer] What actually happened—including my own actions and decisions (entries, exits, stop moves, anything driven by emotion): [your answer] Assess the process against these: did I follow my risk plan, stick to my setup, and stay disciplined on the exit? Then tell me: - where I deviated from my plan - if the process was sound, regardless of the result - 1–2 things to change next time.

(2/2) in more than five years. Companies also reported higher costs. The 10-year Treasury yield jumped to about 5.11%, and the 30-year passed 5.37%. Traders now see a higher chance of another rate increase in October. Also in focus • Oil turns up again. Crude rose after the Iranian president spoke at the UN, and some reports put Brent back above $100. Higher energy prices feed the same inflation worry. • U.S.-China agreement extended. The trade deal was extended to 10 January 2027, ahead of the Trump-Xi meeting. The bounce in stocks and Bitcoin came while yields were falling. Can it hold now that they are rising again?

(2/2) falling, with WTI now below $90. Reports about Hormuz reopening and Saudi pipeline restarts added to the drop. But diesel is still at a record $6.53 a gallon. Also in focus • Fed not done yet. A Boston Fed official warned inflation could be notably higher, even after backing last week's increase. Markets now expect at least one more increase this year. • Bitcoin ETF inflows. Spot Bitcoin ETFs took in $999 million on 21 September, the biggest day since October 2025. Bitcoin moved back above $87,000. Oil fell for two reasons: hopes from the talks, and oil moving more freely again. A lasting drop may need full exports through Hormuz.

Which record will last longer?

Which topic do you watch more closely now?

(2/2) high inflation. Many traders borrow in yen to invest elsewhere, so higher Japanese rates make that harder. Also in focus • Stocks bounced back. The Nasdaq rose 1.69% and the S&P 500 gained 1.14% on Thursday, led by tech and chips. The 10-year U.S. yield slipped from a 19-year high towards 4.93%. • Oil keeps falling. Brent settled near $104.82 on Thursday, then slipped towards $102.50 early Friday. Saudi Arabia reportedly offered more crude to Asian refiners through ship-to-ship transfers off Sohar, Oman. At the same time, Exxon's Joliet refinery remained offline, adding risk to an already tight Midwest diesel market. The bounce came from cheaper oil, not from easier policy. Both central banks are still moving the same way.