Bond losses extend to Asia as stocks tread water
Thu, May 9, 2024 8:36 AM

Bond losses extend to Asia as stocks tread water

A Flip by Shubhangi Gupta
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Asian bonds fell early Thursday, echoing selling pressure in Treasuries in the prior session that supported the dollar. Equities in the region opened mixed after a flat day on Wall Street. The 10-year benchmarks for Australia and New Zealand rose by around four basis points, mirroring the increase in Treasury yields of the same maturity Wednesday.

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