Morgans AM
Morgans AM
Morgans Financial Limited
Friday, 21 August 2026: Treasury yields march higher as US markets decline
6 minutes Posted Aug 20, 2026 at 11:58 pm.
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Show notes
  • US equity markets declined as Treasury yields continued their march higher despite the Treasury Department’s extraordinary debt buyback operation. Dow fell -703 points or -1.32%.
  • The broader S&P500 fell -66 points of -0.87%.
  • Consumer Staples and Healthcare were the weakest, down -1.93% and 1.89% to lead nine of the eleven primary sectors lower. Energy and Real Estate were the only positive sectors, up 0.38% and 0.15% respectively.