The US 10-year Treasury yields rose around three basis points to refresh the two-year high near 1.95% whereas the five-year counterpart added four bps to renew the 18-month peak of 1.8050% at the latest.
Amid these plays, MSCI’s index of Asia-Pacific shares ex-Japan drop half a percent while Japan’s Nikkei 225 added 0.30% intraday by the press time. Elsewhere, National Australia Bank’s Business Conditions and Business Confidence for January marked mixed figures with the Business Conditions easing to 3 versus a forecast of 4 and 8 previous. On the other hand, the NAB Business Confidence recovered from -12 to 3, versus 0 forecast.
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