Global Market Today: Asian shares mixed as investors await US jobs data
Treasury futures inched lower in early Asian trading as higher energy prices revived concerns that the Federal Reserve may need to keep interest rates elevated. In the cash market, the Treasury 10-year yield held at 4.68%, after climbing seven basis points during the US session. Government bonds in Australia also fell, sending the yields on the 10-year higher by eight basis points.
Treasury futures inched lower in early Asian trading as higher energy prices revived concerns that the Federal Reserve may need to keep interest rates elevated. In the cash market, the Treasury 10-year yield held at 4.68%, after climbing seven basis points during the US session. Government bonds in Australia also fell, sending the yields on the 10-year higher by eight basis points.
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