That angst has spilled into world markets that have thrived on massive monetary stimulus from the world's central banks.
Asian shares fell Thursday, tracking a decline on Wall Street as another rise in bond yields rattled investors who worry that higher inflation may prompt central banks to raise ultra-low interest rates.
If QE is “money printing” and the drain in the TGA is putting back some (or a lot) of what’s already been printed, why so many contrary indications especially dating back to the early part of January?
Stocks advanced in Asia on Wednesday after a wobbly day on Wall Street, when the S&P 500 gave back most of its gains from a day earlier.
Asian stock markets were mixed Tuesday after Wall Street rose as a wave of investor concern about possible higher interest rates receded.
By Gina Lee
Asian shares rose Monday on hopes for President Joe Biden's stimulus package and bargain-hunting after sell offs last week.
Asian shares skidded Friday after rising bond yields triggered a broad sell-off on Wall Street that erased the markets gain for the week and handed the Nasdaq composite index its steepest loss since October.
Asian stock markets followed Wall Street higher Thursday after the Federal Reserve chairman said the U.S. central bank is in no hurry to withdraw support for the economy.
Investors remain increasingly focused on a big tick up in bond yields and how it affects stock valuations.