Tokyo/Sydney — Asian stocks bounced from almost two-week lows on Tuesday as investors paused for breath following the heavy selling of recent sessions and waited to see if the dollar’s rally was sustainable. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.2% higher, having hit its lowest level since April 9 following two consecutive days of declines. Japan’s Nikkei rose 0.7%, helped by a decline yen which supports exporting firms. Chinese shares climbed about 2%, while Hong Kong’s Hang Seng index added 1%. US bond prices rebounded too, capping four days of falls that sent 10-year treasury yields closer to the key psychological barrier of 3% -a level not seen since early 2014. The US dollar, which has risen in the past five sessions against a basket of major currencies, also took a breather to camp near a four-month peak. "Investors are now watching closely to see if we are in the eye of the recent storm of volatility or if we do have calm seas ahead leading to stron...
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