Rising US Treasury yields put Asia back on edge

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NEW YORK – US Treasury yields are pressing against their highest levels since 2007, and Asia’s policymakers know what that usually means: turbulence ahead. This week’s $42 billion auction of 10-year notes cleared at 4.683%, the richest yield since the eve of the global financial crisis. Investors are demanding higher yields to fund Washington’s borrowing as […]The post Rising US Treasury yields put Asia back on edge appeared first on Asia Times.