Asian shares tumble on jitters over inflation, bond yields - NewsBreak

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By Frank in Business
Updated 3 years ago

Asian shares fell sharply on Wednesday after a broad slide on Wall Street as investors reacted to a surge in U.S. government bond yields. Tokyo's Nikkei 225 sank 2.1% to 29,544.29 and the Kospi in Seoul dropped 1.2% to 3,062.18. The Shanghai Composite index shed 1.6% to 3,544.07. In Sydney, the S&P/ASX 200 gave up 1.4% to 7,174.20.

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