Global Equities Hold Near Record Highs

Global equity indexes remain near record highs despite rising borrowing costs and surging oil prices. Bond markets face ongoing pressure as US Treasury yields climb, leaving investors cautious as the year enters its final quarter.

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FILE PHOTO: A screen displays stock market information after the opening bell at the New York Stock Exchange in New York City, U.S., September 15, 2026. REUTERS/Jeenah Moon/File Photo

Global equities rose 12% over the third quarter, adding $3 trillion despite surging borrowing costs, currency interventions, and conflicts. World indexes sit just 2% below all-time highs. The performance defied fears over artificial intelligence and geopolitical tensions.

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