Asia stocks set to open little changed as investors watch US Treasury yields

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Stocks in Asia were poised to open little changed on Thursday as investors continue to watch the yield curve in U.S. Treasurys, which inverted further overnight.

Investors will continue to monitor the yields in U.S. Treasurys. The 30-year bond yield fell to a new record low of 1.907% on Wednesday before seeing a partial recovery.

The closely-watched yield spread between the 10-year Treasury note and 2-year note also widened further on Wednesday. Futures pointed to a muted open for Japanese shares. The Nikkei futures contract in Chicago was at 20,490, while its counterpart in Osaka was at 20,530. That compared against theAustralian stocks were also set to open largely unchanged, with the SPI futures contract at 6,463.0, as compared to the

 

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CNBC spread the fear in the market for hidden reasons , most of the time I stop to listen to this tv channel anymore .

CNBC is fast becoming another product of leftist propaganda. Used to watch daily, now only Squawk Box & Cramer. The rest seems to be naysayers prone to political views & pushing recession fears. Do your own homework, buy quality stocks with good dividends.

Fake news .

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