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Market move▼ Bearish for Indian equities
Asian stocks open mixed as rate-hike bets build; Kospi slips, Japan indices rise
The brief
- Asian stocks opened mixed; Kospi fell while Japanese indices rose
- Average yield on a global bond gauge topped 4% for the first time since 2007
- Higher global yields can pressure Indian equities and raise borrowing costs for rate-sensitive sectors
- The Week in Numbers: Global bond selloff deepens, VW crisis worsens
- Bond ructions point to new danger zone in markets
- These two market gauges may signal a big risk-off event for the market, says BofA
- Eurozone Bond Yields Fall as Oil Prices Decline; U.S. Treasury Yields Edge Higher
- U.S. Treasury yields tick higher as global bond rout slows