Asian sovereign debt tracks Treasuries lower as markets price further Fed tightening, while a yen rally and renewed US-Iran strikes complicate the outlook.
Equities sag, bond yields sit at multi-year highs and crude nears $100 as investors await the Fed's next move and fresh US inflation data.
India's markets regulator will issue a consultation paper within a week after its flagship Closing Auction Session triggered sharp swings, broker pushback and a liquidity scramble in its first week.
Soaring government borrowing costs from Tokyo to Washington are jolting markets, raising pressure on central banks and burdening debt-heavy economies.
Robust hiring data lifts rate-hike odds to 58%, but Goldman Sachs urges caution and Trump presses for cuts.
Currency strengthens nearly 2% on growing expectations of a Bank of Japan rate increase and official action, while global risk-off sentiment adds momentum.
Federal Reserve Governor Christopher Waller's comments on easing price pressures fueled market optimism, with investors betting on a pause in rate hikes.
Rising government borrowing costs from Washington to Tokyo revive inflation fears, threaten stocks, and test fiscal sustainability.
The S&P/TSX Composite tumbled 2.28% to 34,413, wiping out a month of gains as tech, banks, and gold miners sold off amid escalating geopolitical risk and rising bond yields.
New mechanism absorbs $4.2 billion in index-driven flows, but sharp price swings underscore teething troubles.