Stock markets today: was risk off today on last trading day before the interest rate decision 15 September 2026 markets today was a sell off for risk assets and oil up dollar up sentiment and with kevin warsh in the limelight tomorrow but under a lot of pressure and with markets pricing in 90 % chance off a rate hike on borrowing rates on the dollar possibly today was the last pricing in off that .
Global markets felt pressure from surging Treasury yields and ongoing geopolitical tensions. Focus remained on central bank actions and inflation.
The US Senate blocked the Clarity Act, leading to a slide in Bitcoin and broader crypto stocks. Concerns mounted over regulatory uncertainty for the digital asset industry.
Treasury yields hit multi-decade highs, with the 20-year auction seeing record yields and flagging foreign demand. This pushed US borrowing costs to their highest level since 2007. Japanese bond yields also surged to 30-year highs.
Oil prices climbed past $108 a barrel as a Saudi pipeline shutdown deepened supply concerns amidst widening Middle East conflicts. The US war with Iran was reported to cost $38 billion and rising.
Watch for Wednesday's Fed decision and its implications for interest rates.