AUD tumbles, surging oil prices drive bond market sell-off | Finance Report | ABC NEWS
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The ASX has ended its day lower after oil prices surged on reports Donald Trump may announce a diesel export ban in the United States. The higher likelihood of a US rate hike in October led to a sharp fall for the Australian dollar. A renewed bond sell-off has driven the borrowing costs of the US and Australian governments to their highest level in decades. Presented by David Chau. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-09-24/asx-markets-business-news-live-updates-thursday-24-september/107189136 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #ABCBusiness
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