Asian shares on edge as US bond yields rise

Irish Times | Nov 24, 2021 at 8:07 AM
  • Share markets were jittery in Asia on Wednesday as trading was buffeted by a step-up in US Treasury yields as well as volatile oil prices in the face of price-cooling moves by the United States and other nations.
  • MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.05 per cent, while Japan’s benchmark Nikkei stock price index fell 1.62 per cent as investors returned from a holiday and caught up with global falls the day before.
  • Chinese blue chips were up 0.3 per cent and are up about 0.7 per cent so far this week, versus a near 1 per cent fall this week in the Asian regional benchmark.