(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
A sell-off in Treasuries has strengthened the dollar and left equities mixed as new signs of economic strength have led traders to lower their expectations for US rate cuts. In Japan, shares rose with the help of a weaker yen, while equities in Australia and South Korea fell. US futures remained flat after the S&P … Read more
(Bloomberg) — The largest bond market in the world experienced a decline after a strong retail sales report led traders to reduce their expectations for Federal Reserve interest rate cuts this year. The Treasury yields rose as the positive economic data raised doubts about the speed at which the central bank would ease its policy. … Read more