Asian Shares Fall as US Jobs Data Looms After Treasury Yield Hits 24-Year High
Asian shares declined on Friday, influenced by significant volatility in bond and currency markets, as investors awaited crucial US employment data. Elevated oil prices persisted due to a growing military presence in the Gulf.
Asian shares fell on Friday as investors dealt with sharp swings in bond and currency markets ahead of key US jobs data, while a widening military buildup in the Gulf kept oil prices elevated. Bond markets were again the main source of volatility overnight, with the benchmark 10-year US Treasury yield…