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The benchmark KOSPI edged down to around 6,970 on Tuesday, reversing gains from the previous session as profit-taking and elevated global bond yields weighed on the market. Investors took profits following recent gains, particularly in large-cap technology shares. At the same time, the US 10-year Treasury yield climbed
Reuters Asia morning markets round-up for Sept. 30 showed global equities mostly lower, with major bond yields elevated and currencies mixed. Gold rose 1% after a recent low, while Brent crude fell.
Stock markets were mixed across Asia and elsewhere on Tuesday as bond yields extended recent gains. Gold rose 1%, while the dollar strengthened against major currencies.