Asia stocks slip as oil, bond yields weigh on markets
Asian stocks came under pressure on Tuesday as a sharp rise in global bond yields and higher oil prices weighed on investor sentiment, while markets awaited a potential interest rate hike from the Reserve Bank of Australia (RBA).
September 29, 2026 (MLN): Asian stocks came under pressure on Tuesday as a sharp rise in global bond yields and higher oil prices weighed on investor sentiment, while markets awaited a potential interest rate hike from the Reserve Bank of Australia (RBA). According to Reuters, the benchmark 10-year US Treasury yield climbed above 5.27% overnight, its highest level in 19 years, while the two-year yield moved cl...