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Nikkei, Topix, CSI 300: Markt-Intervention der USA beruhigt Anleger in Asien

Das US-Finanzministerium kündigte an, die Rückkäufe von langlaufenden Staatsanleihen zu verdoppeln. Das stimmt die asiatischen Anleger optimistisch.

Nikkei, Topix, CSI 300: Markt-Intervention der USA beruhigt Anleger in Asien

The Nikkei, Topix, and CSI 300 indices in Asia experienced a market intervention by the US, which helped stabilize investor sentiment in the region. Japan's Nikkei Index rose by 1.4%, reaching 66,216 points, while the broader Topix Index increased by 1.2%. South Korea's leading index surged by 5.9%, nearly reversing its losses from Wednesday.

However, the Shanghai index remained stagnant, with its main index falling by 0.3%. Chinese humanoid robot manufacturer Unitree's shares plummeted by 16%, following a meteoric rally of over five times on its Shanghai debut just the previous day.

Relief in bond markets was also evident, as the US Department of the Treasury announced it would double the buybacks of long-term government bonds. This move aimed to counter the recent sell-off that pushed the yield of 30-year US bonds to its highest level since 2007. Consequently, returns on US, Japanese, and German government securities declined.

Wataru Akiyama, an equity strategist at Nomura Securities, attributed the recent market downturn to falling interest rates as the key factor. While many investors remain cautious, they acknowledge the positive impact of the US intervention. However, some, like KGI's Cusson Leung, fear that increased intervention by the US Treasury could trigger further institutional sell-offs.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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