(Bloomberg) -- Asian stocks were set to rebound, tracking Wall Street’s broad gains after US officials said they plan to boost buybacks of longer dated Treasuries to help ease borrowing costs following a surge in yields to near multi-decade highs.

NEW YORK, Aug 19 : Longer-dated global bond yields retreated from multi-decade highs, the dollar tumbled and gold jumped on Wednesday after the U.S. Treasury Department said it…

NEW YORK: Stock markets mostly rose on Wednesday (Aug 19) and the dollar fell sharply after the US Treasury signalled action to push down government bond yields, easing fears that…

Asian stocks advanced as the US Treasury announced debt buyback plans. This move eased pressure on the bond market and stabilized the dollar. South Korean shares surged, led by SK…