Asian Equities Mostly Rise as Reduced Fed Rate-Hike Prospects Bolster Risk Appetite — Update

By Ronnie Harui and Sherry QinAsian equities mostly rose while bond yields eased Wednesday, as diminished expectations for Federal Reserve rate hikes in the near term boosted risk appetite and paused the climb in U.S. Treasury yields.New York Fed President John Williams said Tuesday that the U.S. c…