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Asian Shares Tumble As Yields Tick Higher On Rate Worries

CANBERA (dpa-AFX) - Asian stocks ended mostly lower on Wednesday as the dollar and U.S. bond yields ticked higher following hawkish Fed comments and a poor two-year and five-year note auction.

Rising Treasury Yields May Weigh On Wall Street

The major U.S. index futures are currently pointing to initial weakness on Wall Street on Wednesday, with stocks likely to move mostly lower following the mixed performance seen in the previous session.

Japan s Nikkei starts 2024 lower as quake, airline collision weigh on sentiment

Japan s Nikkei share average fell as much as 2% on the first trading day of 2024, as airline, construction and utilities reacted to Tuesday s aircraft collision and the powerful earthquake that hit.

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