Global Markets React to U.S. Bond Yields Surge and Inflation Report
Thursday, 14 March 2024, 21:50
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.