{
  "id": 12276362,
  "title": "Asian shares track Wall Street higher, Treasury yields near multi-decade highs",
  "url": "https://urgent.news/2026/10/06/asian-shares-track-wall-street-higher-treasury-yields-near-multi",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T01:47:58.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/asian-shares-track-wall-street-higher-treasury-yields-near-multi-decade-highs-6434821"
  },
  "original_language": "en",
  "account": "Asian stocks climbed on Tuesday after a tech-driven surge pushed the Nasdaq to a record close, with lower oil prices providing additional support as longer-dated Treasury yields approached multi-decade peaks. The euro fell near a 17-month low after briefly touching $1.116 the previous night, pressured by growing fiscal worries in France. Investors sold French government bonds after a disappointing budget, while heightened political uncertainty followed Spanish Prime Minister Pedro Sanchez's call for an early election. Brent crude hovered around $100 a barrel, after slipping 1.9 percent overnight as Middle East exports rose and Group of Seven countries vowed to increase supply. MSCI's broader Asia-Pacific index excluding Japan edged up 0.2 percent, while Japan's Nikkei rose 0.7 percent. European stock futures climbed 0.5 percent. Nasdaq futures climbed 0.2 percent and S&P 500 futures increased 0.1 percent. The Nasdaq achieved a record close, driven by weaker-than-anticipated jobs data, which reduced expectations of a Federal Reserve interest rate hike this month. Nvidia, an AI powerhouse, gained 2.1 percent, reaching a record high and increasing its market value to $5.76 trillion. The market's rally was primarily tech-focused, with easing interest rate uncertainty and a slight reduction in geopolitical risks enabling investors to concentrate on the exceptional earnings growth from AI companies. The third-quarter earnings season begins next week, with Goldman Sachs forecasting a 27 percent rise in S&P 500 earnings for the next quarter, with over half of that growth stemming from companies benefiting from AI infrastructure spending. Latin American markets also rose, led by a surge in Brazilian stocks and the real currency, following right-wing Senator Flavio Bolsonaro's strong performance in the first round of the presidential election, advancing to a runoff against incumbent leftist Luiz Inacio Lula da Silva. Treasury yields continued to rise, with US 10- and 30-year yields hitting fresh 24-year highs overnight, marking the highest level since 2002. The 10-year Treasury yield remained steady in Asia at 5.3089 percent, after increasing 3 basis points overnight to 5.3493 percent, while 30-year yields stayed at 5.6622 percent, briefly touching 5.7029 percent overnight. The selloff in French bonds slightly eased, with the premium investors demand for French 10-year bonds over safer German debt narrowing to 137 basis points on Monday. The euro slipped to $1.1215, after falling as much as 0.8 percent to $1.116 overnight, its weakest level since May 2025. It traded at 177 yen, having declined for seven consecutive sessions, close to the lowest since November last year. Deep divisions in France's parliament may heighten the risk of the proposed fiscal consolidation being weakened or the government facing a no-confidence vote, according to Joseph Capurso, head of international economics at the Commonwealth Bank of Australia. The US dollar remains robust, with the dollar index at 102.2, up 0.9 percent over the week. Gold prices remained stable at $4,141.31 an ounce.",
  "summary": null,
  "key_points": [
    "Asian stocks rise after tech-driven Nasdaq record close",
    "Treasury yields near multi-decade highs, approaching 2002 peak",
    "Euro near 17-month low amid French fiscal concerns and Spanish election uncertainty"
  ],
  "editors_take": "The surge in tech stocks, driven by AI companies like Nvidia, is shifting investor focus to earnings growth and away from interest rate uncertainty, supporting a rally in global markets.",
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Asian shares track Wall Street higher, Treasury yields near multi-decade highs",
        "url": "https://urgent.news/2026/10/06/asian-shares-track-wall-street-higher-treasury-yields-near-multi-12276843",
        "published": "2026-10-06T01:47:58.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Asian shares track Wall Street higher, Treasury yields near multi-decade highs",
        "url": "https://urgent.news/2026/10/06/asian-shares-track-wall-street-higher-treasury-yields-near-multi-12282557",
        "published": "2026-10-06T01:54:23.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Asian shares track Wall Street higher, Treasury yields near multi-decade highs",
        "url": "https://urgent.news/2026/10/06/asian-shares-track-wall-street-higher-treasury-yields-near-multi-12279080",
        "published": "2026-10-06T02:10:00.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Asian shares track Wall Street higher, Treasury yields stay high",
        "url": "https://urgent.news/2026/10/06/asian-shares-track-wall-street-higher-treasury-yields-stay-high",
        "published": "2026-10-06T02:13:14.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD falls to near $60.50 as US Treasury yields rise",
        "url": "https://urgent.news/2026/10/06/silver-price-forecast-xag-usd-falls-to-near-60-50-as-us-treasury",
        "published": "2026-10-06T02:25:46.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Asian shares track Wall Street higher, Treasury yields near multi-decade highs",
        "url": "https://urgent.news/2026/10/06/asian-shares-track-wall-street-higher-treasury-yields-near-multi-12285515",
        "published": "2026-10-06T02:30:59.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Asian shares track Wall Street higher, Treasury yields near multi-decade highs",
        "url": "https://urgent.news/2026/10/06/asian-shares-track-wall-street-higher-treasury-yields-near-multi-12288823",
        "published": "2026-10-06T03:04:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}