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Asian Shares Fall After Wild Swings in Bonds, FX Before US Jobs Data
The 10-year Treasury yield hit 5.34% before easing, while investors awaited forecasts for 90,000 September jobs and steady unemployment.
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9 Articles
9 Articles
Global Markets: Asian shares fall after wild swings in bonds, FX before US jobs data
Asian stock markets dipped as investors navigated through the turbulence of bond and currency fluctuations. Elevated oil prices, driven by military strains in the Gulf region, added to the market's unease. Speculations around high US Treasury yields and fiscal instability in Europe, especially concerning French bonds, also weighed heavily. Furthermore, traders keep a close eye on upcoming US job data that may sway Federal Reserve policy.
Asian shares fall after wild swings in bonds, FX before US jobs data
By Stella Qiu SYDNEY, Oct 2 (Reuters) - Asian shares fell on Friday as investors grappled with wild swings in bond and currency markets ahead of key US jobs data, while a widening military buildup in the Gulf kept oil prices elevated. Bond markets were...
Coverage Details
Total News Sources9
Leaning Left1Leaning Right4Center3Last Updated50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
13%
C 37%
R 50%
Factuality
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