Asian stock markets closed the morning volatile. After pressure from US 10-year bond yields hit a one-year high.
The NIKKEI 225 Index closed the morning at 30,344.97 points, up 52.78 points or + 0.17%. The HSI index, the Hong Kong Stock Exchange, closed the morning at 30,723.83 points, down 361.11 points or -1.16%.
The US 10-year bond yield hit 1.33 percent overnight, the highest level since February. As a result, investing in the stock market is less attractive.
Analysts said “Although Bond Yeald United States continues to rise Investors are still hopeful that the US economy will recover after the ongoing progress of vaccination programs. Although US stocks fell slightly. But still cannot say that investors can avoid the risks. This is due to the fact that consumer goods and crude oil prices remain strong. Including the credit market
The Australian National Statistics Office (ABS) said the January unemployment rate fell to 6.4% from 6.6% in December, the second consecutive month of decline. After the government injected huge budgets to stimulate the economy for the second round. This helps the national economy to recover and promote employment in the private sector.
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