Asian shares mixed as bonds are battered and commodities boosted
MSCI’s broadest index of Asia-Pacific shares outside Japan flattens as Japan’s Nikkei and South Korea inch up
22 February 2021 - 07:28
Sydney — Asian shares turned mixed on Monday as expectations for faster economic growth and inflation globally battered bonds and boosted commodities, while rising real yields made equity valuations look more stretched in comparison.
MSCI’s broadest index of Asia-Pacific shares outside Japan went flat, after slipping from a record top last week as the jump in US bond yields unsettled investors...
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