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Stocks fall as declining U.S. yields, trade woes knock sentiment

Reuters  |  TOKYO 

By Shinichi SaoshiroTOKYO (Reuters) - Asian stocks fell on Wednesday, dragged by Wall Street's tumble as sharp declines in long-term U.S. Treasury yields and resurgent trade concerns stoked investor worries about global economic growth.Global equities have been shaken as a flattening U.S. Treasury yield curve - a result of a steep fall in longer-dated yields - fanned recession jitters and as U.S.-China trade conflict woes resurfaced after a temporary lull.MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.6 percent.Australian stocks lost 1.3 percent after Australia's ...

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First Published: Wed, December 05 2018. 07:03 IST