"We're going to test the 1.77% level (in the 10-year Treasury note), but I'm not sure it's going to break (through) on this number." The 10-year U.S. Treasury note rose 3.5 basis points to yield 1.7143%, but the rise was still below a 14-month high of 1.776 hit on Tuesday. Asian markets overnight rose as optimism over a global economic recovery lifted equity markets in Japan, China and South Korea. Both the CSI300 index and the Shanghai Composite Index closed at an almost four-week highs. The dollar's ascent to multi-month highs is likely to continue as more investors bet on economic recovery.

Source: The Star April 02, 2021 17:15 UTC