The Australian share market has dropped sharply, falling back into the red once again for 2026 as bond yields spiked to their highest levels in decades.
The benchmark S&P/ASX200 index on Thursday lost 63.3 points, or 0.72 per cent, to a week-and-a-half low of 8,702, while the broader All Ordinaries fell 59.2 points, or 0.66 per cent, to 8,897.
