Asian shares set for weekly falls as bond yields, oil stay high

Asian shares set for weekly falls as bond yields, oil stay high

Asian shares were heading for weekly losses on Friday as global bond market stress persisted and oil prices hit one-month highs on Gulf diplomatic deadlock. Treasury yields resumed climbing after a brief relief, while Brent crude stayed above $93 a barrel. Investors awaited Nvidia's earnings next week, with the dollar near three-month lows.

Source: Reuters

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