Asia stocks pause, yields rise on looming US stimulus
MSCI’s broadest index of Asia-Pacific shares outside Japan dips, South Korea flattens and Chinese blue chips firm
11 January 2021 - 07:29
Sydney — Asian shares took a breather on Monday while Treasury yields were at 10-month highs as “trillions” in new US fiscal stimulus plans were set to be unveiled this week, stoking a global reflation trade.
Investors were keeping a wary eye on US politics as pressure grew to impeach President Donald Trump, though signs were an actual trial could be some time away...
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