Global Markets React to U.S. Bond Yields Surge and Inflation Report

Thursday, 14 March 2024, 21:50

Global markets are anticipated to face pressure due to the sharp increase in U.S. bond yields and the strengthening dollar following another higher-than-expected U.S. inflation report. Japan's Nikkei 225 has shown a decline of over 2% for the week, signaling its worst performance of the year. The potential interest rate hike by the Bank of Japan after 17 years could further impact the market dynamics.
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Global Markets React to U.S. Bond Yields Surge and Inflation Report

Global Market Pressure

Asian markets may face downward pressure after a surge in U.S. bond yields and the dollar due to a stronger-than-expected U.S. inflation report.

Nikkei 225 Performance

  • Decline: Nikkei 225 down more than 2% on the week.
  • Expectation: Potential for interest rate hike by Bank of Japan after 17 years.
  • Record High: Nikkei reached over 40,000 points last week.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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