国际股市

Bonds in Asia Tumble as Investors Brace for Fed Tightening Storm

Government bonds plunged across Asia on Friday, following a selloff in Treasuries as investors braced themselves for an aggressive Federal Reserve that may fuel further policy tightening in the region. 

Yields on Australia’s 10-year sovereign debt surged by about 25 basis points, the biggest such move since June 14. Their counterparts in New Zealand and South Korea both jumped by over 15 basis points, with Thailand’s 10-year yield trailing with a 7-basis-point rise.