Asian stocks are in the red after US benchmark indices pulled | ForexTime

Asian stocks are in the red after US benchmark indices pulled back from record highs, with stocks on the Nasdaq unable to hang on to their year-to-date gains. 10-year Treasury yields have posted a new high since January 2020, much to the chagrin of stock market bulls, while the VIX index climbed back above the psychologically-important 20 level.

No rest for the weary

Although concerns over today’s quadruple witching may give rise to heightened volatility before the end of the trading week, unruly bond yields are likely to be the main culprit still going forward. The slew of Fed speak in... Read More (https://www.forextime.com/market-analysis/feelgood-fed-fades)