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Asian shares spooked by US inflation alarm, yield jump

Asian shares spooked by US inflation alarm, yield jump Toggle share menu Advertisement Asian shares spooked by US inflation alarm, yield jump Asian shares faced a third day of losses on Thursday after a shocking rise in U.S. inflation bludgeoned Wall Street and sent bond yields surging on worries the Federal Reserve might have to move early on tightening. FILE PHOTO: A man looks at stock market monitors in Taipei January 22, 2008. REUTERS/Nicky Loh 12 May 2021 08:50AM (Updated: 13 May 2021 08:50AM) Share this content Bookmark SYDNEY: Asian shares faced a third day of losses on Thursday after a shocking rise in U.S. inflation bludgeoned Wall Street and sent bond yields surging on worries the Federal Reserve might have to move early on tightening.

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