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Investing.com-- Asian stock markets fell broadly on Tuesday as surging bond yields and higher oil prices pressured risk appetite, while investors awaited the Reserve Bank of Australia’s interest-rate decision later in the day, with markets expecting another increase.
By Tom Westbrook SINGAPORE, Sept 29 (Reuters) - Oil prices and bond yields rose in an uncomfortable combination for stocks on Tuesday, as investors braced for an era where short-term borrowing costs settle at their highest levels in years. Australia ra...
Rising oil and US Treasury yields set a cautious tone, with Brent near $108.66 and 10-year yields pushing toward 5.25%.