Global bonds steadied after the US Treasury doubled buyback sizes for long-duration debt, easing a rout that had pushed 30-year yields to a 2007 high. Stocks rose, with MSCI's Asia-Pacific index up 1.2%, while the dollar languished near a 2-1/2-month low. Analysts remain wary of mounting government debt.
Bonds Steady as US Treasury Doubles Buybacks
Source: Reuters