Stocks in Asia rebounded from recent losses on Wednesday as investors sought bargains, a day after the specter of a U.S.-China trade war drove down bond yields, and share and commodity prices. The improved risk appetite pushed the yield on benchmark 10-year Treasury notes higher to 2.9004 percent compared with its U.S. close of 2.893 percent on Tuesday.
Stocks in Asia rebounded from recent losses on Wednesday as investors sought bargains, a day after the spectre of a U.S.-China trade war drove down bond yields, and share and commodity prices. The improved risk appetite pushed the yield on benchmark 10-year Treasury notes higher to 2.9004 percent compared with its U.S. close of 2.893 percent on Tuesday.
The Canadian dollar weakened to
a nearly one-year low against its U.S. counterpart on Tuesday as
an escalating trade dispute between the United States and China
pressured global stock and commodity ...
By Mark DeCambre, MarketWatch, Sunny Oh. U.S. government bonds rallied Tuesday as President Donald Trump threatened to impose tariffs on some $450 billion in Chinese goods, ramping up a trade conflict between the world's largest superpowers and sending investors rushing to assets perceived as safe. Against that backdrop, risk assets came under pressure while bond prices rose, driving yields lower.
By Mark DeCambre, MarketWatch, Sunny Oh. U.S. government bonds rallied Tuesday as President Donald Trump threatened to impose tariffs on some $450 billion in Chinese goods, ramping up a trade conflict between the world's largest superpowers and sending investors rushing to assets perceived as safe. Against that backdrop, risk assets came under pressure while bond prices rose, driving yields lower.
U.S. government bonds strengthened Tuesday as rising tensions between the U.S. and China drove investors into the safety of sovereign debt. The yield on the benchmark 10- year U.S. Treasury note settled at 2.893%, compared with 2.926% Monday.
Foreign investors have pulled about $5.5 billion out of emerging market economies since the U.S. Federal Reserve's interest rate hike last week, data from the Institute of International Finance showed on Tuesday. Outflows from emerging market equities totaled about $4.2 billion since the Fed's policy meeting, while some $1.3 billion came out of bonds.
U.S. Treasury yields retreated
on Tuesday as trade tensions between China and the United States
intensified after President Donald Trump threatened to impose a
10 percent tariff on $200 billion of ...
* Italy bond selloff not just about politics - Italy debt official. * Contagion from Italy limited - Portugal debt chief. * ECB tapering no problem - issuers. By Abhinav Ramnarayan and Dhara Ranasinghe.
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