SYDNEY : Asian stocks were mostly higher on Tuesday as investors cheered the prospect that the world's largest economy will avert a major debt default, improving sentiment across most asset classes.
"There's still a huge disconnect between bond markets and equities. The bond market is implying there is an extreme 70 per cent probability on a U.S. recession in the next year. These signals stand in stark contrast to the resilient equity market." Benchmark 10-year yields dropped 6 basis points at the open of trade in Tokyo to 3.7596 per cent. Thirty-year yields fell 5.5 bps to 3.9207 per cent.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más: