HONG KONG: Asian stocks edged higher on Friday (Aug 21) as investors assessed the US Treasury's move to push down long-term bond yields, while analysts warned that alone would not be enough to keep borrowing costs from spiking.Treasury Secretary Scott Bessent's pledge that he had more tools to provide support

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…

(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…

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…

By Kimberley Kao and Ronnie Harui

Yields on 30-year US government debt rise