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The Asian Shares strikes up as the U.S bond yields come in late-2017 lows.

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The Asian Shares strikes up as the U.S bond yields come in late-2017 lows.

Image Credit-wsj.com

Asian shares went up higher on Tuesday after a two-day of loss as U.S. 10-year Treasury yields were pushed up, but the outlook was yet murky as investors weighed the odds of whether the U.S. economy is in danger of slipping into recession.

“The U.S. yield curve continues to invert,” said Michael Every, Hong Kong-based senior Asia-Pacific strategist at Rabobank.”This is not a healthy sign, as bond-market watchers should know and equity-market obsessives should rapidly learn,” he said in a note. “How farther will this run before we experience markets start doing the same?”

European and U.S. equity markets were expected to follow Asia’s lead, spreadbetters showed, with London’s FTSE futures up 0.3 percent and E-minis for the S&P 500tacking on one-third of a percent.

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