Tuesday, September 15, 2026: 10Y UST tops 5% into Fed, Infosys +6% on Anthropic AI pace warning, GIFT Nifty positive while Asia trades lower.

Asian shares are lower as the 5% UST yield pulls capital; Japan, HK, China and Singapore aren't getting a local offset. GIFT Nifty is the outlier with a positive start — that divergence is the open. US 10Y above 5% is the highest since 2023; oil spike has the Fed on a rate-hike path. Prediction market KXFED-26SEP-T3.75 gives 88.5% odds the funds upper bound is above 3.75% after tomorrow's Fed. Bad for duration, good for cash. Wang Yi says Xi and Modi reached the "most important consensus" and should be partners. This is a real tailwind for India-China trade and lowers the border-risk premium. Watch Indian equities, rupee, China/HK tech. Infosys +6% on an Anthropic AI pace warning. This is interesting: if AI is moving faster than enterprises can absorb, IT services become the implementation layer. Good signal for Indian IT. KEC International +6% after Rs1,303 crore of new orders across multiple segments. That's a real order-book bump, not just sentiment. India power/infra capex is still

Asian shares are lower as the 5% UST yield pulls capital; Japan, HK, China and Singapore aren't getting a local offset. GIFT Nifty is the outlier with a positive start — that divergence is the open.