The Traderszone Network

Published in TZ Latest News 18 March, 2015 by The TZ Newswire Staff

Asia stocks surge, bond yields tumble on Fed caution

Asian shares enjoyed their best session in 18 months on Thursday as investors priced in a later start and a slower pace for future U.S rate rises, slashing sovereign bond yields from Japan to Australia. Australia’s main index (.AXJO) jumped 1.9 percent led by banks as markets wagered on lower domestic rates.