Business · Markets · 1 hr ago

Treasuries rise as Asian equity losses spur haven demand

Treasuries rise as Asian equity losses spur haven demand

US Treasuries rose when trading resumed after a long weekend.

The move came as Asian equities fell.

Investors often turn to assets seen as safer when stock markets are weak.

That demand helped lift Treasuries.

The update does not identify a specific cause for the decline in Asian shares.

It also gives no details about the size of the moves.

Trading has resumed, but no further market developments are stated.

Sources

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