Long bond yields rise, gold hits record on fiscal concerns

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TOKYO :A global slide in long-dated bonds extended into Asia on Wednesday, while gold climbed to a new peak as concerns mounted over government debt and economic growth. The 30-year Japanese government bond (JGB) yield hit an unprecedented 3.255 per cent, following a run-up in similarly dated gilts and Treasuries overnight. Japan's Nikkei gauge of shares opened lower, following declines on Wall Street after data showed a continued contraction in U.S. manufacturing. Attention turns to services

Long bond yields rise, gold hits record on fiscal concerns https://www.channelnewsasia.com/ - 05:41

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Long bond yields rise, gold hits record on fiscal concerns https://www.channelnewsasia.com/ - 05:41