Australian shares slip amid elevated bond yields, oil prices
Australian shares closed slightly lower in a choppy session on Wednesday, influenced by persistently high global bond yields and oil prices. The benchmark S&P/ASX 200 index fell 0.1% to 8,727.70 points after earlier gains.
Australian shares finished modestly lower on Wednesday in a choppy session, with investors staying on the sidelines as global yields and oil prices remained elevated. 2%.