Asian Stocks Set for Losses as Bond Jitters Linger: Markets Wrap Bloomberg.comShares fall in Asia, with Kospi down 5.2%, while oil prices jump KXAN AustinAsian Markets Track Wall Street Lower RTTNewsTech leads losses as Asian stocks track Wall St selloff Yahoo Finance
The yield on the 10-year Treasury yield continues to climb, but our call of the day from Strategas says that ascent will be much higher before stocks start to hurt.
Given that investors are sitting on unrealized gains and there few short positions remain open, the markets are more vulnerable to a downturn in economic news flow.
