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US Market News Digest for September 22, 2026
Diplomatic signals around Hormuz push oil
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Diplomatic signals around Hormuz push oil lower, ease pressure on US bondsBrent crude gave back its intraday gains and retreated to about $98/barrel after reports that Iran offered to reopen the Strait of Hormuz in exchange for lifting the US blockade. Positive expectations around possible diplomatic contacts at the UN General Assembly in New York helped reduce inflation fears. Against this backdrop, the 10-year US Treasury yield fell to 4.93%, cooling negative sentiment in the sovereign bond market. A potential de-escalation
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