Asia Stocks, Bonds Suffer Central Bank Anxiety Attack
September 12, 2016
Asian shares skidded on Monday with investors rattled by rising bond yields and talk the Federal Reserve might be serious about lifting U.S. interest rates as early as next week.
Reports that the Bank of Japan was considering ways to steepen the Japanese yield curve, along with speculation that central banks more generally were running short on fresh stimulus options, also hit sovereign debt and risk appetite globally.