Posted 10/19/2023, 1:18:00 AM
Asian Markets Brace for Losses as Wall Street Selloff and Bond Yields Weigh on Sentiment
- Asian markets set for weak open following Wall Street selloff and surge in Treasury yields
- Fed officials maintain interest rate hikes likely over though markets skeptical
- Key data from Japan, Malaysia, Australia, Hong Kong due today
- South Korea and Indonesia central banks expected to hold rates steady
- Markets watch for potential Bank of Japan intervention as yen approaches 150 per dollar