Asia Markets: Sharp Slide, Political Tensions
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global market backdropReuters
•Morning Bid: China two-year yield eyes fall below 1.00%
78% Informative
The first full trading week of 2025 kicks off in Asia on Monday with the sharp slide in China 's currency and bond yields.
A raft of purchasing managers index reports is also on deck, offering investors the first glimpse into how many of Asia 's biggest economies, including China 's, closed out 2024 .
Emerging market currencies and assets are on the defensive, thanks to elevated U.S. Treasury yields and soaring dollar.
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