The tech-heavy Nasdaq Composite Index closed up 1.4% on Tuesday, a day after falling more than 10% from its Nov. 19 record close during intraday trading before rallying at the end of the session
As stocks struggled, U.S. Treasury yields on most maturities rose again on Thursday as investors fretted over the Fed's more hawkish stance, surging inflation and a deluge of supply.
Spot gold was down 0.2% to $1,805.98 per ounce by 0430 GMT. U.S. gold futures fell 1% to $1,806.40
The Fed minutes from December, released on Wednesday, offered more details on the Fed's shift last month toward a more hawkish monetary policy
Asian stocks slipped on Wednesday following a mixed Wall Street session as higher US Treasury yields weighed on global tech firms
Gold prices rose in thin trade on Thursday, giving up earlier losses as the US Treasury yields eased from one-month highs
The dollar hovered below recent highs on Tuesday having lost ground overnight after a blow to Democratic spending plans in Washington
India has been exemplary in publishing its foreign exchange market intervention, the US Treasury Department said on Friday.
The US Treasury Department would most likely run out of cash before the end of December if Congress fails to raise the debt limit, the nonpartisan Congressional Budget Office has said
Shares tumbled on Wall Street on Friday as they reopened after Thanksgiving, while European stocks saw their biggest sell-off in 17 months
Emerging markets stocks fell 0.18%. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.31 points or 0.2%
Oil prices were largely steady as investors questioned the effectiveness of a U.S.-led release of oil from strategic reserves
The Treasury market has seen unusually large price swings as liquidity dried up
Yields on the US two-year Treasury note jumped to their highest level in more than 18 months
HONG KONG (Reuters) - Asian shares dropped on Wednesday and U.S. benchmark yields rose to a three-and-a-half month top as investors stayed jittery about inflation with oil prices reaching new multi-year highs.
The benchmark 30-year yield jumped to 2.12% in early Tokyo trade, extending its advance from last month's low of 1.81%
Bonds from the two countries are already leading gains in emerging Asia this quarter, offering 3%-5% returns to dollar-based investors
Holdings of the SPDR Gold Trust fell 0.3 per cent to 990.32 on Monday
The euro was down 0.1% versus the dollar at $1.1686.
The yen was little changed at 110.985 per dollar, not far from Monday's low of 111.07, a level not seen since July 5.