Asia-Pacific equities traded mixed even as Australia marks positive start of trading week.
While portraying the mood, the MSCI’s index of Asia-Pacific shares ex-Japan drops 0.60% whereas Japan’s Nikkei 225 prints 0.70% intraday losses by the press time of the late Asian session on Wednesday. On a broader front, the US 10-year Treasury yields remain pressured around 1.475% while the two-year benchmark, which jumped to the highest since March 2020, also flirts with a 0.742% level, down 0.8 basis points . Further, the stock futures reversed the early Asian gains heading into the European session.
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