Sep 12, 2026 · 6 min · 8 segments
Why did a failed Novartis drug trial tank Amgen’s shares? And how is taxpayer money funding quantum-computing companies? Plus, will people pay $2,000 for a foldable iPhone? Host Imani Moise discusses…
Imani MoiseHost
It was a rough week for stocks, with intensifying pressures from inflation sending the bond market into a tailspin.
The war with Iran pushed oil above $100 a barrel, fueling concerns that higher prices would lead to higher interest rates.
The yield on the 10-year Treasury climbed to nearly 5%, and Friday's inflation report only reinforced expectations that the Federal Reserve will raise rates next week.
Higher yields put pressure on the stock market by raising the cost of borrowing while making relatively safe government bonds more attractive.
Still, investors welcome the prospect of the Fed getting inflation under control, helping stocks rebound Friday after four straight days of declines.
It was a rough week for stocks, with intensifying pressures from inflation sending the bond market into a tailspin.
The war with Iran pushed oil above $100 a barrel, fueling concerns that higher prices would lead to higher interest rates.
The yield on the 10-year Treasury climbed to nearly 5%, and Friday's inflation report only reinforced expectations that the Federal Reserve will raise rates next week.
Higher yields put pressure on the stock market by raising the cost of borrowing while making relatively safe government bonds more attractive.
Still, investors welcome the prospect of the Fed getting inflation under control, helping stocks rebound Friday after four straight days of declines.
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