Live: ASX to fall as bond market turmoil deepens, oil jumps

live Markets live: ASX set to fall as global bond sell-off deepens, oil tops $US107 The ASX is set to fall as global bond markets come under renewed pressure. The US 30-year yield hit its highest since 2004, while the 10-year yield reached levels not seen since 2007. On Wall Street, the S&P 500 finished slightly lower, the Dow fell 0.3 per cent, while the Nasdaq was broadly flat. Follow the day's financial news and insights from our specialist business reporters on our live blog. Disclaimer: this blog is not intended as investment advice. Submit a comment or question Live updates Market snapshot - ASX 200 Futures: -0.3% to 8,708 points - Australian dollar: flat at 70.12 US cents - Wall Street: Dow Jones (-0.3%), S&P 500 (-0.02%), Nasdaq Composite (+0.01%) - Europe: Stoxx 600 (-0.55%), DAX (-0.57%), FTSE (-0.2%) - Spot gold: -0.2% to $US4,277/ounce - Oil (Brent futures): +3.8% to $US107/barrel - Iron ore: +0.5% to $US96.30 / tonne - Bitcoin: -0.06% to $US84,399 - 10-year bond yield: US 5.2% Prices current at around 7.15 AM AEST New: Filters Choose what information you see below by using filters ASX set to fall, bond market sell-off continues Happy Friday, all! Welcome to the ABC's business and finance blog. Lin Lin here to take you through the latest market news from overnight and over the morning. The ASX is set to open lower by 0.3% The Australian dollar is also lower and by 70.11 US cents. Bond markets came under renewed pressure overnight with US 30-year bond yields hitting a more than 20 year high as surging oil prices reignited worries about higher inflation and more US Federal Reserve interest rate hikes. I'll be back shortly with more! Loading [Image text:] STOCK ADIOPHANM