Bitcoin Gains as Investors Weigh Fed Rate Hike Bets
Bitcoin gains in Asia as investors weigh a rise in U.S. producer prices against Fed officials’ signals of little urgency to act.
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Bitcoin gains in Asia as investors weigh a rise in U.S. producer prices against Fed officials’ signals of little urgency to act.
Japanese government bonds rose in morning Tokyo trade amid possible position adjustments, with the 30-year JGB yield down at 4.185%. Traders are also watching Thursday's Japanese Finance Ministry auction of about 600 billion yen of 30-year sovereign debt.
Asian currencies were little changed in early trade, while strategists said rising Middle East tensions and firmer oil prices could support the U.S. dollar. The Australian dollar, Singapore dollar and won were broadly flat against the greenback.