JSE faces mixed Asian markets on Wednesday as tech stocks recover
Prospect of rising global inflation remains major theme on global markets, though strong US bond auction on Tuesday helped to assuage concerns
10 March 2021 - 07:19
The JSE faces mixed Asian markets on Wednesday morning, with tech stocks showing a strong recovery overnight, and US bonds recovering from their weakest levels in a year.
The concern about inflation has driven global bond yields higher recently, putting pressure on equity markets, notably tech stocks, whose value is often tied up in expected future earnings...
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