Channel NewsAsia Singapore15m
Stocks down as Treasury yields gain, with traders weighing tariffs, Fed rate cuts
A global bond selloff continued on Wednesday, hurting stocks and boosting the dollar, amid signs that the U.S. economy remains strong, limiting the prospects of further interest rate cuts.The ...
Channel NewsAsia Singapore15m
Stocks down as Treasury yields gain; traders weigh tariffs, Fed rate cuts
A global bond selloff continued on Wednesday, pressuring stock prices and boosting the dollar as signs of continuing strength in the U.S. economy dimmed expectations for aggressive near-term interest ...