Archive · Business Recorder
Asian shares fall after wild swings in bonds, FX before US jobs data
SYDNEY: Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening military buildup in the Gulf kept oil prices elevated. Bond markets were again the centre of volatility overnight, with the benchmark 10-year US Treasury yields hitting the highest since 2002 at 5.34% after capping the biggest quarterly rise in 32 years. They later retreated and were steady at 5.2512% in Asia. Fiscal worries in France pushed the spread between French and German sovereign bond yields above 140 basis points, the widest since 2012, ...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →