Treasuries Decline, Asian Stocks Fall on Japan: Markets Wrap

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(Bloomberg) -- Treasuries fell as a Federal Reserve official emphasized that recent US economic data might delay the number of interest-rate cuts seen this...

-- Treasuries fell as a Federal Reserve official emphasized that recent US economic data might delay the number of interest-rate cuts seen this year. Japanese stocks dragged down broader Asian equities.Using Your Premium Credit Card May Cost More After Visa-Mastercard Deal

Contracts for US equities were flat in Asian trading after the S&P 500 closed at a record, with many institutional investors potentially rebalancing their portfolios. In commodities, oil climbed to head for a solid quarterly gain on expectations OPEC+ supply cuts would tighten the global market. Gold steadied Thursday after three sessions of gains.

Source: News Formal (newsformal.com)

 

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