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Asian markets cautious as rising yields affect risk appetite, Japan cautions on yen

share-iconWednesday, January 08 comment-icon2 weeks ago 7 views
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reutersREUTERS
Asian markets cautious as rising yields affect risk appetite, Japan cautions on yen

Credited from: REUTERS

  • Investors in **Asia** are entering trading with diminished risk appetite due to increasing **global bond yields**.
  • The **10-year U.S. Treasury** yield reached its highest mark in eight months, influencing market sentiment.
  • Japan expressed concerns over **rising dollar against the yen**, warning about speculative selling.
  • The **yen** hit a high against the dollar, approaching the critical **160.00** yen threshold, prompting potential for intervention.
  • Key economic indicators from **Australia**, **South Korea**, and **Japan** may influence market directions on Wednesday.

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Gloria Terra

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