The Open Bell — Ep. 074 — 2 Oct 2026
Today on The Open Bell:
The US now has three aircraft carriers in the Persian Gulf for the first time since 2012, and oil just crossed $102 a barrel, which means this weekend's petrol price is already being written by people in military planning rooms, not market trading floors.
The 10-year Treasury yield, the benchmark that prices US government debt and your mortgage in the same breath, touched 5.30% this week, a level the country hasn't seen since 2002, and the bond market just posted its worst quarter in decades without most people noticing.
The IMF cut its global growth forecast to 3.0% for 2026 and titled the report "Global Economy in Crosscurrents of War and Technology," which sounds like a thriller but is actually just a polite way of saying the world is splitting into countries getting richer off oil and countries getting poorer buying it.
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Not investment advice. For informational purposes only.
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Chapters: 00:00 Introduction 00:15 Brent Surges Past $102 as US Deploys Third Carrier to Middle 02:49 US 10-Year Treasury Yield Hits 5.30% — Highest Level Since 2 05:03 IMF Cuts 2026 Global Growth to 3.0% as War Weighs on Energy 06:48 Closing thoughts