Asian shares were mixed Friday as a global bond selloff pushed long-dated US yields to two-decade highs, raising borrowing costs worldwide. Japan's Nikkei rose 1%, while Hong Kong's Hang Seng fell 1% and Australia lost 0.6%. Oil above $100 and Fed rate-hike bets kept the dollar on track for a 1% weekly gain.
Asian Stocks Mixed as Global Bond Selloff Lifts Yields
Source: Reuters