Asian stocks unsettled as global bond yields rise
Asia shares are mostly weaker as US 10-year yields are close to a 14-month high
19 March 2021 - 08:04
Sydney — Asian share markets slipped on Friday after a spike in global bond yields soured sentiment towards richly priced tech stocks, while a stampede out of crowded positions may have put an end to the bull run in crude oil.
Having plunged 7% overnight, Brent crude futures managed a feeble bounce of just 11c to $63.39 a barrel, while US crude added 6c to $60.06...
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