Friday, 19 Feb 2021 10:44 AM MYT
Today, Australia’s benchmark S&P/ASX 200 index was down 0.8 per cent while Japan’s Nikkei fell 0.4 per cent.“The recent move up in longer dated core yields appears to be weighing on equity investors’ mind,” said Rodrigo Catril, forex strategist at National Australia Bank. Rising bond yields hurt the appeal of gold, with spot prices hitting a seven-month low of US$1,766 an ounce today.
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