Asian Stocks to Trend Lower After Treasuries Drop: Markets Wrap

(Bloomberg) -- Stocks and bonds in Asia traded lower Wednesday as traders assessed the impact of the jump in US Treasury yields overnight and comments from a Federal Reserve speaker led to receding bets for Fed rate cuts.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsMortgag

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