Good morning from the Financial Times. Today is Friday, September 24.

And this is your FT News briefing.

U.S. Treasury yields moved higher on Thursday as traders reacted to the prospect

of the Fed raising rates, meanwhile Turkey's central bank slashed rates,

thinking that it'll bring down inflation.

The new August security pact between the U.S., U.K., and Australia has come in for more criticism,

this time from Germany. Also in Germany, voters will cast ballots this weekend in a

momentous nail-biter of an election. So we asked our Berlin correspondent who might win.

We just don't know because there's about 25% of voters that say they haven't made up their mind yet.

This is pretty unusual for Germany.

I'm Mark Filipino and here's the news you need to start your day.

Remember when the stock market dropped earlier this week?

Seems like a lifetime ago. By Thursday, the S&P 500 index had erased those losses,

and in the bond market, prices fell and yields on the 30-year U.S. Treasury were up nearly 2%.

The FT's Kate Dugod says the market seems to be getting more in line with the federal reserves

thinking about the state of the U.S. economy.

Prices on longer-dated bonds, so like the 30-year bond that you mentioned,

also the benchmark 10-year, those prices fall when economic expectations rise.

So the Fed sort of signaling that it's preparing to tighten monetary policy

could be helping to persuade investors. We also saw news from two other central banks on Thursday,

the Bank of England met and said that there was a strengthening case for tightening monetary

policy. The Norwegian Central Bank also became the first Western Central Bank to lift interest rates

...