Asian stocks experienced gains following a wave of dip buying and optimism surrounding potential interest-rate cuts, mirroring the S&P 500’s significant rally. Investors are balancing robust corporate earnings with expectations of Federal Reserve easing, while monitoring tariff and trade developments. Despite warnings of a potential pullback, positive earnings reports and hopes for rate cuts are driving market sentiment.
US Treasury yields slip as AI concerns boost safe haven demand ahead of 20 year auction
US Treasury yields slipped as investors weighed the impact of higher borrowing costs on AI stocks, with the 10 year yield heading for a second