SE Asia Stocks-Track global selloff on recession fears; Philippines sinks
Southeast Asian stock markets fell on
Thursday, tracking sharp losses in global equities, after an
inversion in the U.S. bond yield curve on Wednesday raised fears
of an impending recession.
The yield on the U.S. Treasury 10-year note
temporarily fell below the two-year yield for the
first time since 2007, in the latest signal that the global
economy faces
Thursday, tracking sharp losses in global equities, after an
inversion in the U.S. bond yield curve on Wednesday raised fears
of an impending recession.
The yield on the U.S. Treasury 10-year note
temporarily fell below the two-year yield for the
first time since 2007, in the latest signal that the global
economy faces
Posted by Reuters
