U.S. emini stock futures offered some slight hope though, rising 0.1% following a 0.33% decline in the"I'm more concerned than I've been for some time," said Tom Nash, a fixed income portfolio manager at UBS Asset Management in Sydney.
Treasury yields turned lower after the minutes, reversing an earlier rise, with investors focusing on the dovish undertones in taking yields back from near two-decade highs. The U.S. 10-year benchmark yield ticked up again in Tokyo trading though, and was last 2 basis points higher than Wednesday at 3.923%.
At the same time, the dollar was little changed versus sterling, which had rebounded strongly from a two-week trough of $1.0925 on Tuesday. It last traded at $1.1088.
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