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Asian Shares Gain, with South Korea's Kospi up 6%, After the US Treasury Expands Its Debt Buybacks
South Korean tech stocks led gains as the U.S. Treasury said it would at least double longer-term debt purchases, easing bond yields.
Summary by WKMG
8 Articles
8 Articles
Asian shares advance as US Treasury buybacks ease bond yield pressure
Asian markets climbed after the US Treasury expanded planned long-term debt buybacks and pushed yields lower. The move calmed investors across equities, though firmer oil prices kept geopolitical worries in view.
+6 Reposted by 6 other sources
Asian shares gain, with South Korea's Kospi up 6%, after the US Treasury expands its debt buybacks
Shares are mostly higher in Asia, with South Korea’s benchmark Kospi rebounding more than 6%. U.S. futures also were trading higher early Thursday after the U.S.
Coverage Details
Total News Sources8
Leaning Left4Leaning Right1Center3Last Updated50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 38%
12%
Factuality
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