Channel NewsAsia
Channel NewsAsia
AsiaPac · 2 hrs ago

Trading Day: Over and rout

ORLANDO, Florida, Sept 1 : The global bond rout accelerated on Tuesday, with Japanese yields scaling key levels not breached for over 30 years, as investors bet that policymakers around the world will have to raise interest rates to counter sticky inflation and lax fiscal policy. Another solid rise in oil prices, fueled by the ongoing U.S.-Israeli war on Iran, also weighed on bonds and stocks.If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.1. US urges hands-off approach to AI regulation at G20 tech meeting2. Japan faces day of policy reckoning as Bessent calls time on big stimulus 3. Anthropic signs $35 billion cloud deal with Nvidia-backed Lambda, source says4. Cook hands Apple to Ternus: bigger and richer, but ca
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