Asian stocks slide as US-Iran tensions lift oil and bond yields
Asian markets fell at the start of the session, with a bond-market-driven risk selloff spilling into the region after renewed U.S. attacks on Iran pushed oil higher.
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By Satoshi SugiyamaThe dollar held firm on Wednesday as renewed hostilities in the Middle East pushed oil prices higher and revived inflation concerns.The currency's safe-haven appeal has been reinforced by rising Treasury yields and growing expectations of a Federal Reserve rate hike, even as rece…
By Satoshi SugiyamaThe dollar held firm on Wednesday as renewed hostilities in the Middle East pushed oil prices higher and revived inflation concerns.The currency's safe-haven appeal has been reinforced by rising Treasury yields and growing expectations of a Federal Reserve rate hike, even as rece…