Stocks Wobble as Bonds Post Monthly Loss — SkimNews
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- Stocks wobbled across Asia and US futures as bonds slumped to a monthly loss, with rising yields weighing on risk appetite and the RBA decision flagged as the next catalyst
- Asian bond yields rose even as coverage offered mixed signals on oil — three sources cited rising oil prices and Middle East tensions as the driver, while one headline noted the move came 'despite oil decline'
Why it matters: A simultaneous selloff in equities and bonds tightens conditions for global investors already absorbing oil and geopolitical risk, with the contradictory oil signals adding uncertainty ahead of the RBA decision that markets were watching next.
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