Asian Stocks Slump on Bond Yields
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Federal Reserve policy easingReuters
•Stocks slide on unease over jump in bond yields as US inflation eyed
78% Informative
Asian stocks slump as sharp rise in U.S. bond yields unnerves investors ahead of key inflation data.
Short-term Treasury yields jumped to the highest since late July overnight as the market reopened after the Veterans Day holiday.
The two-year Treasury yield stood at 4.34% after leaping to 4.367% on Tuesday for the first time since July 31 .
Bitcoin inched back toward its all-time high from overnight just below $ 90,000 .
VR Score
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