"Overall, across the board, assets are doing pretty well," said Yuting Shao, macro strategist at State Street Global Markets. "The U.S. debt ceiling uncertainty removed hope on China to introduce more help to the economy is also a good sign for the market."on Tuesday, gaining support from strengthening bets that the Federal Reserve will hold interest rates steady at its policy meeting next week.
The two-year Treasury yield , which typically moves in step with interest rate expectations, fell slightly to about 4.5% in Tokyo, from Tuesday's close at 4.516%. The yield on 10-year notes slipped to around 3.67%.since mid-May at $0.6690, extending a rally following a central bank rate increase on Tuesday.on Wednesday as concern over global economic headwinds deepened, erasing gains booked after top crude exporter Saudi Arabia's surprise weekend pledge to deepen output cuts.
Brent crude futures were down 40 cents, or 0.5%, at $75.89 a barrel at 0456 GMT. The U.S. West Texas Intermediate crude futures fell 35 cents, also 0.5%, to $71.39 a barrel.Leading cryptocurrency bitcoin was trading at about $27,000, consolidating after a sharp overnight rebound from as low as $25,350.crackdown
on cryptocurrency exchanges, and the classification of tokens including Solana, Cardano and Polygon as securities. "The SEC is making life nearly impossible for several altcoins," said Oanda senior market analyst Ed Moya. "And that is actually driving some crypto traders back into Bitcoin."Our Standards:
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