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Asian shares advance despite Wall Street losses as US Treasury's moves fail to calm markets
Asian shares are mostly higher following a retreat on Wall Street, as the U.S. Treasury Department's plan to expand government debt buybacks appeared to have only limited capacity to calm markets.
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swissinfo.ch
Asian Stocks to Gain as US Treasury Supports Bonds: Markets Wrap
(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…
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Asian Stocks Rise After Bond Rally, Dollar Steady: Markets Wrap
(Bloomberg) -- Asian stocks rose as pressure from the bond market eased after the US Treasury unveiled plans to buy back longer-dated debt to curb borrowing costs. Treasuries held…
