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Yields which track short-term Fed expectations crossed 1 for the first time since February 2020. Wall Street ended sharply lower with the SP 500 down 18 after hotter-than-expected US.
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Fed hikes this year and even one from the European Central Bank.
. Consumer price data fueled bets on the Fed to. Tech stocks which have become highly sensitive to rising borrow costs were down 15 as investors increasingly price in as many as four US. The spot price for ore landed in China fell US370 or 27 per cent to US13370 a tonne.
Tokyo and Seoul advanced while Sydney was lower. The Toronto Stock Exchanges SPTSX composite index ended down 7247 points or 03 at 2153172. Other regional markets were.
Rio Tinto shed 149 per cent in the US after losing 354 per cent in. BHP and Rio Tinto pared their losses in the US following solid falls in London trade. BHPs US-listed stock finished 055 per cent lower after its UK-listed stock sank 371 per cent.
The 10-year was up at. Hong Kong jumped 26 after reopening from Lunar New Year holidays. BANGKOK AP Asian shares were mostly higher Friday after a historic plunge in the stock price of Facebooks parent company helped yank other tech stocks lower on Wall Street.
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