Loss of confidence in Saint Mary's leadership | SaltWireTOKYO - Asian equities were in a subdued mood on Friday as investors pondered the path for Federal Reserve interest rate cuts amid a murky U.S. inflation outlook.
Elsewhere, markets mostly suffered small losses. South Korea's KOSPI slipped 0.39% and Singapore's Straits Times Index was off 0.12%. Central banks in both countries opted to keep policy unchanged on Friday. Long-term U.S. Treasury yields stood at 4.5641% in Asian trading, staying close to the overnight high of 4.5680%, a level last seen on Nov. 14.
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