Asian Stocks to Slip, Australia Bonds Join Selloff: Markets Wrap

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(Bloomberg) -- Asian stocks are set to slide following US peers lower, driven by the continued sell-off in Treasuries and increasing tensions in the Middle...

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Meanwhile, traders are preparing for turbulent yen trading amid growing concerns that Japanese authorities will intervene to support the weakening currency as it approaches the 150 per dollar level. Treasury yields remain at multi-decade highs with Fed Governor Christopher Waller noting policymakers can wait and gather more data before deciding if the economy needs further monetary restraint.

 

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