Asia Morning Call: Nikkei rises 1.30%, US 10-year yield at 5.165%
Regional markets were mixed, with Japan's Nikkei 225 up 1.30% and the benchmark US 10-year Treasury yield last at 5.165%. Spot gold was up 0.1% at $4,282.98 an ounce.
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Asia markets mixed as Japanese bond yields rise to historic levels
Global stocks were little changed, while Japanese government bond yields climbed to historic levels and US Treasury yields edged lower. Gold rose and Brent crude eased, with traders still pricing in further Federal Reserve rate hikes.
J&T Global Express Profit Jumps 124% as Hong Kong Stocks Rise
J&T Global Express reports first-half adjusted net profit of US$350.6 million, up 124% year on year, while the Hang Seng Index rises 0.7% to 25,868 amid softer Hong Kong inflation.
US stocks rise after softer July producer prices
US stock indices closed higher on Thursday after July headline and core producer prices came in lower than expected, reinforcing bets on a Federal Reserve rate hold next month.