Live: ASX to fall as inflation worries lead to US government debt sell-off
The Australian share market is expected to decline following a sell-off in US government bonds that has impacted Wall Street. Concerns over rising inflation and geopolitical tensions have contributed to this market downturn. Additionally, oil prices have dropped after comments from former President Donald Trump regarding potential military action against Iran.
- ▪The ASX is projected to fall by 0.4% in morning trade.
- ▪US bond yields have surged to their highest levels in nearly two decades.
- ▪The S&P 500 has experienced a decline for three consecutive days.
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liveMarkets live: ASX to fall as inflation worries lead to US government debt sell-offby business reporter David ChauTopic:Financial MarketsWed 20 May 2026 at 8:04amWed 20 May 2026 at 8:04amWed 20 May 2026 at 8:04amSkip to timelineabc.net.au/news/asx-markets-business-live-news/106699784Link copiedShareShare articleThe Australian share market is likely to fall in morning trade after a US bond sell-off led to further losses on Wall Street.Oil prices slipped after Donald Trump said he had been an hour away from ordering an attack on Iran before postponing it.See how the trading day unfolds on our blog.Disclaimer: this blog is not intended as investment advice.Live updatesPinnedWed 20 May 2026 at 8:04amWed 20 May 2026 at 8:04amMarket snapshotDBy David ChauASX futures: -0.4% to 8,603 pointsASX…
Excerpt limited to ~120 words for fair-use compliance. The full article is at ABC News (Australia).