Asian stocks are being hit by global bond yields, which are near their highest levels in decades on Wednesday morning. Fears of rising government debt are pushing up borrowing costs and shaking stock markets.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.
Asian stock markets have been in a sharp decline, led by technology and chip companies. At the same time, government bond yields have risen to their highest levels in years around the world.
Asian stocks are being hit by global bond yields, which are near their highest levels in decades on Wednesday morning. Fears of rising government debt are pushing up borrowing costs and shaking stock markets.