Stock Market News

US debt deluge lifts bond yields to 4-year high, Asia stocks down

Asian stocks slipped and the US dollar advanced on Tuesday, as a deluge of US government debt this week and the specter of inflation and a higher fiscal deficit drove US borrowing costs near four-year highs.

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.25 percent. Japan’s Nikkei rose 0.7 percent thanks to fall in the yen.

#US bond prices have fallen for the past four days, pushing up the 10-year yield to 2.998 percent , its highest level since January 2014.

For Real Time News & Trading Trends Keep Liking Epic Research Private Limited







Share Button
Epic Research
Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300