The Australian – High interest rates and bond yields threaten global sharemarket rally
Published . Updated .
The Australian – High interest rates and bond yields threaten global sharemarket rally roger montgomery
Directly affected
- No company is named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
- SHY iShares 1-3 Year Treasury Bond
Short-term bonds move when the Fed changes rates
- SPY SPDR S&P 500
Stocks move when the Fed changes the rate path
- JPM JPMorgan Chase
Bank profits move with lending and interest rates
- BAC Bank of America
Bank profits move with lending and interest rates
- GS Goldman Sachs
Bank profits move with lending and interest rates
- XLF Financial Select Sector SPDR
A fund of financial companies
- KRE SPDR S&P Regional Banking
Regional banks are sensitive to interest rates
- HYDB ISHARES HIGH YIELD BOND ETF
GA selected HYDB as a RELATED security because its canonical security name directly matches this event's themes: yields, bond, high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
The Australian – High interest rates and bond yields threaten global sharemarket rally roger montgomery
Source: roger montgomery
Price since this story was published: Ishares High Yield Bond Etf (HYDB)
Since the first closing price after “The Australian – High interest rates and bond yields threaten global sharemarket rally,” Ishares High Yield Bond Etf (HYDB) is -0.68%. The S&P 500 fund (SPY) is -1.47% over the same days, a +0.79% difference versus the market.
| Company | When | Move | Status |
|---|---|---|---|
| BAC | that day | +0.48% | final price |
| BAC | the next day | -0.66% | final price |
| BAC | two days later | -5.34% | final price |
| BAC | three days later | -4.84% | final price |
| BAC | three days earlier | -1.44% | final price |
| BAC | five days earlier | -0.48% | final price |
| PGIM Global High Yield Fund (GHY) | that day | -0.55% | final price |
| PGIM Global High Yield Fund (GHY) | the next day | -1.05% | final price |
| PGIM Global High Yield Fund (GHY) | two days later | -2.38% | final price |
| PGIM Global High Yield Fund (GHY) | three days later | -2.15% | final price |
| PGIM Global High Yield Fund (GHY) | three days earlier | +0.14% | final price |
| PGIM Global High Yield Fund (GHY) | five days earlier | -1.60% | final price |
| GS | that day | -0.12% | final price |
| GS | the next day | -0.37% | final price |
| GS | two days later | -1.86% | final price |
| GS | three days later | -0.47% | final price |
| GS | three days earlier | -0.88% | final price |
| GS | five days earlier | -0.18% | final price |
| Ishares Tr (IEF) | that day | +0.04% | final price |
| Ishares Tr (IEF) | the next day | +0.16% | final price |
| Ishares Tr (IEF) | two days later | +0.34% | final price |
| Ishares Tr (IEF) | three days later | +1.06% | final price |
| Ishares Tr (IEF) | three days earlier | -0.31% | final price |
| Ishares Tr (IEF) | five days earlier | -0.55% | final price |
| JPM | that day | +0.47% | final price |
| JPM | the next day | -0.44% | final price |
| JPM | two days later | +0.70% | final price |
| JPM | three days later | +0.77% | final price |
| JPM | three days earlier | -1.04% | final price |
| JPM | five days earlier | -0.20% | final price |
Who gains and who loses around Ishares High Yield Bond Etf (HYDB)
Companies carried with this story
- HYDB Ishares High Yield Bond Etf
For “The Australian – High interest rates and bond yields threaten global sharemarket rally,” Ishares High Yield Bond Etf (HYDB) is linked, with no stored direction, high confidence. Reason on file: GA selected HYDB as a RELATED security because its canonical security name directly matches this event's themes: yields, bond, high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- HYGW Ishares High Yield Corporate Bond Buywrite Strategy Etf
Ishares High Yield Corporate Bond Buywrite Strategy Etf (HYGW) is linked, with no stored direction, high confidence in the 12 Oct 2026 story “The Australian – High interest rates and bond yields threaten global sharemarket rally.” Reason on file: GA selected HYGW as a RELATED security because its canonical security name directly matches this event's themes: yields, bond, high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- HYMB State Street Spdr Nuveen Ice High Yield Municipal Bond Etf
For “The Australian – High interest rates and bond yields threaten global sharemarket rally,” State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB) is linked, with no stored direction, high confidence. Reason on file: GA selected HYMB as a RELATED security because its canonical security name directly matches this event's themes: yields, bond, high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- PGHY Invesco Global Ex-Us High Yield Corporate Bond Etf
For “The Australian – High interest rates and bond yields threaten global sharemarket rally,” Invesco Global Ex-Us High Yield Corporate Bond Etf (PGHY) is linked, with no stored direction, high confidence. Reason on file: GA selected PGHY as a RELATED security because its canonical security name directly matches this event's themes: global, yields, bond, high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GHY PGIM Global High Yield Fund
For “The Australian – High interest rates and bond yields threaten global sharemarket rally,” PGIM Global High Yield Fund (GHY) is linked, with no stored direction, medium confidence. Reason on file: GA selected GHY as a RELATED security because its canonical security name directly matches this event's themes: global, yields, high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- XLF Select Sector Spdr Tr
In “The Australian – High interest rates and bond yields threaten global sharemarket rally,” Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence. Reason on file: Rate-policy changes can alter funding costs, net-interest margins, and financial-sector valuation
- KRE Spdr Series Trust
Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “The Australian – High interest rates and bond yields threaten global sharemarket rally.” Reason on file: Rate-policy changes can alter funding costs, net-interest margins, and financial-sector valuation
- HYI Western Asset High Yield Opportunity Fund
In “The Australian – High interest rates and bond yields threaten global sharemarket rally,” Western Asset High Yield Opportunity Fund (HYI) is linked, with no stored direction, medium confidence. Reason on file: GA selected HYI as a RELATED security because its canonical security name directly matches this event's themes: yields, high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Ishares High Yield Bond Etf (HYDB)
On 12 Oct 2026, “The Australian – High interest rates and bond yields threaten global sharemarket rally” is the story that connects Ishares High Yield Bond Etf (HYDB) to this story.
For Ishares High Yield Bond Etf (HYDB), the reason on file says GA selected HYDB as a RELATED security because its canonical security name directly matches this event's themes: yields, bond, high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
A second company, Ishares High Yield Corporate Bond Buywrite Strategy Etf (HYGW), is listed for a different reason: GA selected HYGW as a RELATED security because its canonical security name directly matches this event's themes: yields, bond, high. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates in the story, and the Ishares High Yield Bond Etf (HYDB) price range
HYDB traded between 44.43 and 45.92 across 20 sessions. The latest close on file is 44.51. HYGW traded between 27.86 and 28.61 across 18 sessions. The latest close on file is 27.93. HYMB traded between 23.06 and 24.17 across 20 sessions. The latest close on file is 23.57.
How strong the case is around Ishares High Yield Bond Etf (HYDB)
46 out of 100
“The Australian – High interest rates and bond yields threaten global sharemarket rally” scores 46 out of 100. The score uses 1 sources, and 13 linked companies.