Stocks, bonds slump over global rates angst

SINGAPORE - Asian stocks were a sea of red on Thursday and bonds slid on bets global interest rates would stay higher for longer, as investors looked to key inflation readings at the end of the week for further clues on the future path of monetary policy.

"Hotter and stickier than expected global inflation appears to be taking the air out of asset markets," said Vishnu Varathan, chief economist for Asia ex-Japan at Mizuho Bank."Equities slid and bonds swooned, and USD swaggered." The main highlight of the week for markets, however, is Friday's U.S. core personal consumption expenditures price index report - the Federal Reserve's preferred measure of inflation. Expectations are for it to hold steady on a monthly basis.

U.S. Treasury yields meanwhile stayed elevated on Thursday, in part due to a weak debt auction the previous day. The benchmark 10-year yield was last at 4.6197%, while the two-year yield steadied at 4.9830%.Japanese government bond yields similarly notched fresh multi-year peaks, on growing expectations that further rate hikes from the Bank of Japan could be imminent.Elsewhere in Asia, Chinese blue chips eased 0.

"This was not the inflation report the Reserve Bank of Australia would have wanted to see," said Rob Carnell, ING's regional head of research for Asia Pacific.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Status of the stocks: Record-low number of stocks on overfishing list in 2023Ongoing positive trends continued into last year
출처: NOAA - 🏆 160. / 63 더 많은 것을 읽으십시오 »

Commodities Buck the Recent Losing Trend Vs. US Stocks and BondsMarket Overview Analysis by James Picerno covering: iShares S&P GSCI Commodity-Indexed Trust, Vanguard Total Stock Market Index Fund ETF Shares, iShares Short Treasury Bond ETF, Vanguard FTSE Emerging Markets Index Fund ETF Shares. Read James Picerno's latest article on Investing.
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

European stocks hit by weak global sentiment; UK retail sales slumpEuropean stocks hit by weak global sentiment; UK retail sales slump
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

Stocks and bonds wobble as global economy throws off mixed signalsStocks and bonds wobble as global economy throws off mixed signals
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

Solar Stocks in the Dark as High Interest Rates Cast a Shadow on the IndustryStocks Analysis by Christine Short covering: XAU/USD, XAG/USD, S&P 500, JPMorgan Chase & Co. Read Christine Short's latest article on Investing.com
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

Asia markets mostly higher after Federal Reserve holds rates; Hong Kong stocks jump 2%Asia markets were mostly higher on Thursday after the U.S. Federal Reserve opted to hold interest rates steady, while Hong Kong stocks jumped.
출처: NBCPhiladelphia - 🏆 569. / 51 더 많은 것을 읽으십시오 »