Stocks in Asia rebounded from recent losses on Wednesday as investors sought bargains, a day after the specter of a U.S.-China trade war drove down bond yields, and share and commodity prices.
The improved risk appetite pushed the yield on benchmark 10-year Treasury notes higher to 2.9004 percent compared with its U.S. close of 2.893 percent on Tuesday.
The two-year yield, which rises with traders’ expectations of higher Fed fund rates, touched 2.5535 percent compared with a U.S. close of 2.545 percent.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent.
Source : Reuters