Asian stocks mainly up, bond yields ease as investors weigh Fed against Ukraine risks

  • 📰 Reuters
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Asian stock markets were mostly higher on Thursday while bond yields extended their decline as investors weighed risks of a Ukraine invasion against signs that the U.S. Federal Reserve won't be as aggressive as feared in tightening policy.

Markets remain on edge after Western countries including the U.S. warned on Wednesday that Russia's military presence on Ukraine's borders was growing, rather than shrinking as Moscow has insisted.At the same time, worries about a super-hawkish Fed rate-tightening campaign, potentially including a 50 basis-point hike next month, took a step down overnight after minutes of the latest policy meeting signaled a more measured, data-dependent approach from central bank officials.

U.S. Treasury yields continued their retreat in Asia on Thursday, with the 10-year yield easing about 2 basis points to 2.03%, pressured both by bets for a less hawkish Fed and demand for safe haven assets amid Ukraine uncertainty. A softer dollar and lower yields combined with subdued risk sentiment helped to keep gold near an eight-month peak at $1879.48, reached Tuesday. It last traded around $1,868 an ounce.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Well Ukrainian ended up firing first….

🚨🙏I'm raising money for 'kindly Help Hollis Wit his diabetic meds'. Nothing is too small😭🙏🙏 GoFundMe gofundmecampaign gofundmeplease insulin Insulin4all

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines