Markets Wrap: Asian Stocks Fall as Bond Sell-Off Continues

Markets Wrap: Asian Stocks Fall as Bond Sell-Off Continues

(Bloomberg) — Asian stocks and bonds are facing a second consecutive day of declines as investors reassess their expectations for Federal Reserve interest rate cuts for the remainder of the year. The MSCI AC Asia Pacific Index dropped by as much as 1.1%, with Australian and Japanese benchmarks falling while Chinese markets saw gains. This … Read more