Asian shares fall as oil rises and Treasury yields climb
Major Asian, US and European stock indexes were lower, while bonds and the dollar were mixed. The report also showed Brent crude higher and gold at a more than seven-week low.
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Global stocks fall as oil rises, Treasury yields extend gains
Major stock indexes fell, with the MSCI world gauge down 0.83%, as oil prices resumed their rise and Treasury yields extended gains. Spot gold dropped 3.5% to a more than seven-week low.
Japanese Yen futures fell back toward multi-decade lows.
Japanese Yen futures fell back toward multi-decade lows as short-term volatility continued to impact the currency markets. After giving up gains from the previous session, the yen faced renewed selling pressure, pushing price action back down toward its recent forty-year lows. Key factors driving the market include sta