Wall Street

Yields up with $ as Fed officials signal more hikes; Asian stocks firm

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Reuters UK

By Kevin Buckland and Alun John TOKYO (Reuters) – Asia-Pacific bond yields followed U.S. Treasury yields higher on Wednesday and the dollar continued its climb after Federal Reserve officials signalled they are nowhere near done raising interest rates. Yields were also helped as demand for the safest assets retreated following U.S. House Speaker Nancy Pelosi’s safe arrival in Taiwan, despite threats of action from China, which views the island as a breakaway province. The safe-haven yen continued its slide. That lifted stocks in Asia, despite the slide on Wall Street overnight. Japan’s Nikkei …

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