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ASX 200 at 11-month low as bond yields surge; Qantas below $5

Qantas hits 11-month low, warns against review of Qatar flights decision. Pubs billionaire wants Endeavour AGM delayed. Liontown up on Rinehart stock grab. 

David Rogers, Valerina Changarathil and Megan Neil
less than 2 min read
5:56AMOctober 04, 2023.
Updated 5:16PMOctober 04, 2023
The Australian Business Network
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Global and local rates and inflation levels are in focus as equity markets fall: Picture: Dylan Coker.
Global and local rates and inflation levels are in focus as equity markets fall: Picture: Dylan Coker.

Welcome to the Trading Day blog for Wednesday, October 4. The ASX 200 index closed 0.8 per cent lower at 6890.20 points, its lowest daily close in 11 months, following US market falls as US bond yields surge.

The Aussie dollar is near US63.23c.

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Inflation ‘still too high’ as RBA keeps status quo
David Rogers

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-to-fall-as-wall-st-tumbles/live-coverage/c342ec699245c521a5a5eb54907a6b9d