Asian shares, US yields rise as investors reassess rout By Reuters – Investing.com
- Date: 21-Jul-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Gulf
Asian shares, US yields rise as investors reassess rout By Reuters – Investing.com
By Andrew Galbraith
SHANGHAI (Reuters) - Asian shares and U.S. Treasury yields rose on Wednesday, clawing back some of the week's losses as investors reassessed economic worries, but the dollar was firm on concerns over the impact of a fast-spreading coronavirus variant.
Rising COVID-19 infections have rocked global markets this week as investors dumped risk assets, seeking stability in safe haven assets like bonds. That sent stocks tumbling and pushed the benchmark U.S. 10-year yield to five-month lows on Tuesday.
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