Rising bond yields rattle stocks and gold as 10-year nears 5%
Bond yields rise with 10-year Treasury at 4.80%, stocks fall, and gold faces headwinds as markets await CPI and central bank decisions.
New Zealand business confidence fell to 53.7 in August from 56.1, according to the ANZ survey.
Earlier reports:
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Bond yields rise with 10-year Treasury at 4.80%, stocks fall, and gold faces headwinds as markets await CPI and central bank decisions.
The yen strengthened to a seven-month high, extending USD/JPY's slide as traders await US CPI and BoJ guidance.
France's trade deficit widened to €6.67 billion in July as imports rose faster than exports.
Germany's trade surplus rose to €21.3 billion in July, beating forecasts, as imports fell 5.7% month-on-month.