Asia-Pacific stocks rise after U.S. Treasury yields pull back from 16-year highs

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Asia-Pacific markets rise after U.S. Treasury yields ease from a 16-year high following the release of much weaker-than-expected jobs data.

Hong Kong's private sector contracted for the third consecutive month in September, according to PMI data from S & P Global.

The S & P Global Hong Kong SAR Purchasing Manager's Index fell to 49.6 in September from 49.8 in August, partly hit by Typhoon Saola early last month. The reading also showed price pressures eased in September, while employment rose. — Shreyashi Sanyal

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia-Pacific stocks set to fall as U.S. 10-year Treasury yield notches 16-year highAsia-Pacific markets are set to open mixed after the U.S. 10-year Treasury yield hit its highest in 16 years.
Source: NBCLA - 🏆 319. / 59 Read more »

Asia-Pacific stocks fall as U.S. 10-year Treasury yield notches 16-year highAsia-Pacific markets fall after the U.S. 10-year Treasury yield hit its highest in 16 years.
Source: NBCLA - 🏆 319. / 59 Read more »

Korean stocks fall 2%, leading losses in Asia as U.S. 10-year Treasury yield notches 16-year highAsia-Pacific markets fall, with Korean stocks posting a more than 2% drop after the U.S. 10-year Treasury yield hit its highest in 16 years.
Source: CNBC - 🏆 12. / 72 Read more »