Asian stocks mostly fall after Wall Street losses and oil prices rise
Asian shares mostly fell on Tuesday following Wall Street losses, while U.S. Treasury yields paused their runup after reaching their highest level in roughly two decades. U.S. futures edged lower, and oil prices climbed over uncertainties over U.S.-Iran talks and the possibility of a reopening of the Strait of Hormuz, a waterway that's crucial for oil transport. The yield on the 10-year U.S. Treasury was at its highest since 2007.
Asian shares mostly fell on Tuesday following Wall Street losses, while U.S. Treasury yields paused their runup after reaching their highest level in roughly two decades. U.S. futures edged lower, and oil prices climbed over uncertainties over U.S.-Iran talks and the possibility of a reopening of the Strait of Hormuz, a waterway that's crucial for oil transport. The yield on the 10-year U.S. Treasury was at its highest since 2007.
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