Reported about 22 hours ago
Investors in Asia are facing diminished risk appetite due to soaring global bond yields, particularly U.S. Treasury rates, which have reached their highest levels in months. This comes amid concerns about the yen's stability, with Japan's finance minister warning of speculative selling. The Nikkei index saw gains due to a weak yen, though futures suggest a potential decline. Meanwhile, Chinese economic challenges continue to discourage investment in Chinese assets, with the yuan hitting a weak point against the dollar and falling FX reserves.
Source: YAHOO