Asia stocks muted as bond-market frenzy cools, oil moderates
Asia markets steadied overnight as calm returned in government bond markets and oil prices eased slightly. Bond yields pulled back across the UK, Germany and Japan, helping the FTSE 100 start flat Thursday morning.
“A measure of calm in government bond markets and a slight moderation in oil prices helped steady markets in Asia overnight and saw the FTSE 100 start out flat on Thursday morning,” says AJ Bell investment director Russ Mould.Bond yields pulled back slightly across the UK, Germany and Japan on Thur…