Asian stocks track Wall St tech rally, U.S. yields cling to highs
Published by
Reuters UK

By Xie Yu and Alun John HONG KONG (Reuters) – Asian shares advanced on Wednesday with tech stocks particularly catching a lift following a strong session on Wall Street, while U.S. treasury yields held near multi-year highs ahead of closely watched inflation data this week. Investors across asset classes are devoting considerable thought to the pace and timing of interest rate hikes by central banks across the world. Barring any big surprises, the consumer price index should cement expectations the U.S. Federal Reserve will raise interest rates next month, with a strong print offering further …

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