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Stock Market Live Updates 09 April 2024: Asian stocks rise, bond yields steady at 2024 high
Sensex, Nifty, Share Prices LIVE: Stocks in Asia climbed Tuesday after US benchmarks saw sluggish trading and Treasuries kicked off the week on the back foot ahead of key inflation data. Benchmark equity indexes gained in South Korea and Australia. Futures in Hong Kong also pointed higher. US 10-year yields steadied after rising to the highest since November, coming within striking distance of the psychologically important 4.5% level. Traders’ conviction on three quarter-point rate cuts from the Federal Reserve this year is quickly dissipating, with markets now favouring just two reductions.