Asia: Stocks choppy as trade war fears dominate markets

The Business Times | Aug 16, 2019 at 12:00 AM
  • Asian markets were jittery Friday as a modest rebound in US equities failed to ease fears over the US-China trade war and its impact on the world economy.
  • The yield on the 10-year US Treasury bond slid Wednesday below the yield on the two-year note, meaning the short-term interest rates were higher than the longer-term rates.
  • On Thursday the yield on the 30-year bond hit an all-time low, while the 10-year note plunged to its lowest level in three years before staging a tepid recovery.