Losses in US stock and bond markets are guiding markets in Asia lower as traders turn uneasy about the inflation outlook and policy tightening risks. Photo: Bloomberg
Losses in US stock and bond markets are guiding markets in Asia lower as traders turn uneasy about the inflation outlook and policy tightening risks. Photo: Bloomberg

Hong Kong stocks slide on bond market scare, China offers mixed bag of plans to support growth

  • Stocks extended losses in line with a global sell-off, as the Federal Reserve stopped short of unveiling measures to tame rising bond yields
  • China kicked off ‘two sessions’ meeting in Beijing with a ‘super low’ GDP target, restrained stimulus and caution on property market

Losses in US stock and bond markets are guiding markets in Asia lower as traders turn uneasy about the inflation outlook and policy tightening risks. Photo: Bloomberg
Losses in US stock and bond markets are guiding markets in Asia lower as traders turn uneasy about the inflation outlook and policy tightening risks. Photo: Bloomberg
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