Asian stocks slide, bond yields depressed as recession worries weigh

  • 📰 Reuters
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Wave of weak US data fuels slowdown fears.

U.S. Nasdaq E-mini futures pointed to a 0.45% lower restart, after the tech stock benchmark slumped 1% overnight. E-mini futures for the broader S&P 500 indicated a 0.24% decline at the reopen, extending Wednesday's 0.25% slide.

"Cracks have started to appear in the U.S. economic data this week, and slowdown fears are re-emerging," spurring investors to sell riskier assets and shift to safer assets, including Treasuries and the dollar, IG analyst Tony Sycamore wrote in a client note. Treasury yields have fallen as a result. The 10-year note yielded around 3.30% in Tokyo, sticking close to the nearly seven-month low of 3.266% reached overnight.

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:

 /  🏆 2. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Asian Stock Market: Fails to capitalize on steady Fed policy bets, oil maintains auction above $80.00Asian Stock Market: Fails to capitalize on steady Fed policy bets, oil maintains auction above $80.00 – by Sagar_Dua24 Asia Fed Oil PMI DollarIndex
Source: FXStreetNews - 🏆 14. / 72 Read more »