Asian markets roiled as bond rout turns 'lethal'

  • 📰 Reuters
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Asian stocks skidded to one-month lows on Friday as a rout in global bond markets sent yields flying and spooked investors amid fears the heavy losses suffered could trigger distressed selling in other assets.

FILE PHOTO: Pedestrians are reflected in an electronic board displaying various stock prices at a brokerage in Tokyo, Japan, February 4, 2016. REUTERS/Yuya Shino

“The fixed income rout is shifting into a more lethal phase for risky assets,” says Damien McColough, Westpac’s head of rates strategy. Fed fund futures are now almost fully priced for a rise to 0.25% by January 2023, while Eurodollars have it discounted for June 2022. Tech darlings all suffered, with Apple Inc, Tesla Inc, Amazon.com Inc, NVIDIA Corp and Microsoft Corp the biggest drags.

The surge in Treasury yields also caused ructions in emerging markets, which feared the better returns on offer in the United States might attract funds away.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Play with fire, you’re going to get burnt.

I am recently in your country, looking for new friends

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her lisaMakT Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️

Why was Trump banned?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian-American advocates address shooting in Atlanta amid spike in anti-Asian attacksCongresswoman Grace Meng (D-N.Y.), Stop AAPI Hate Co-founder Russell Jeung, and Oakland Chinatown community ambassador Sakhone Lasaphangthong join Andrea Mitchell to talk about the shooting in Atlanta, which left 8 people dead, including 6 Asian women. 'We are so hurt about what happened last night in Atlanta, but also hurt about this year's long worth of hateful incidents and hate crimes that have skyrocketed across the country,' Congresswoman Meng says. How the possible coverup of a virus, by a authoritarian government, can be blamed on a race generally is beyond me. Many of these folks are oppressed by the very same government. I'd really like to see the numbers It appears to me to be more Black on Asians in intercity Than a y other race The increase in Asian hate crimes is attributable solely to crimes in New York and L.A., liberal strongholds. This has nothing to do with your Trump obsession. Who committed those hate crimes? Guess? Was it Trump supporters? No it wasn't you race-baiting grievance mongers.
Source: MSNBC - 🏆 469. / 51 Read more »

Sandra Oh Gives Passionate Speech at Stop Asian Hate Protest: ‘I Am Proud to Be Asian’“Killing Eve” actor Sandra Oh made a surprise appearance at an Oakland, Pa. Stop Asian Hate protest on Saturday, giving a passionate speech and encouraging others to reach out to Asian … QUIET EVERYONE AN ACTRESS IS SPEAKING I don't understand anti-asian protests. The Georgia killer killed due to sex addiction. Not racial hate. There should be anti-sex worker protests. my ❤️
Source: Variety - 🏆 108. / 63 Read more »

Asian Celebs Are Speaking Out About Their Experiences And Fighting To Stop Asian Hate'Wake up...Your Asian friends and family are deeply scared.' How about China dictatorship genocide to other minority?
Source: BuzzFeed - 🏆 730. / 51 Read more »

Woman of Asian descent assaulted in NYC on her way to protest anti-Asian violenceA woman of Asian descent was violently assaulted in New York City on Sunday while she was traveling to a protest against anti-Asian violence in what police are calling a hate crime. Guy looks black to me...... you mean to tell me black people are racist too!! (Me clutching my pearls ) but the narrative from the Media is that this is because of racist white hating people!?!? How horrible!! Only women get assaulted, as the 'tough' boys don't challenge mixed martial arts dudes
Source: NBCNews - 🏆 10. / 86 Read more »

Sandra Oh Says She's 'Proud to Be Asian' At Stop Asian Hate Protest Rally'I am proud to be Asian. I belong here.' IamSandraOh 👏❤️ IamSandraOh Check out this art project for NTF amazing and top investment EthernityChain $ern
Source: Refinery29 - 🏆 26. / 68 Read more »