{
  "id": 12285515,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T02:30:59.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/10/1548679/asian-shares-track-wall-street-higher-treasury-yields-near-multi"
  },
  "original_language": "en",
  "account": "Asian stocks climbed on Tuesday after a tech-driven surge propelled the Nasdaq to a record high, with falling oil prices providing additional support. Meanwhile, Treasury yields neared multi-decade peaks. The euro struggled, hovering near a 17-month low, as fiscal concerns in France mounted. French government bonds saw heavy selling following a lackluster budget, further fueling investor concerns over political instability stemming from Spanish Prime Minister Pedro Sanchez's call for a snap election. Brent crude hovered around $100 per barrel, unchanged from the previous day, as Middle East exports surged and the G7 nations pledged to ramp up oil supplies. The MSCI's Asia-Pacific index, excluding Japan, gained 0.2%, while Japan's Nikkei climbed 0.7%. European stock futures rose by 0.5%, and Nasdaq and S&P 500 futures saw modest gains of 0.2% and 0.1% respectively. The Nasdaq hit a record overnight, fueled by more subdued-than-expected jobs data that reduced expectations for an imminent Federal Reserve rate hike. AI giant Nvidia surged 2.1%, hitting a record high and expanding its market value to $5.76 trillion. The market rally was primarily driven by tech stocks, as easing interest rate uncertainty and reduced geopolitical risks allowed investors to concentrate on the remarkable earnings growth delivered by AI companies, according to Capital.com senior analyst Kyle Rodda. The third-quarter earnings season began the following week, with Goldman Sachs forecasting an estimated 27% growth in S&P 500 earnings, with more than half of that growth emanating from companies profiting from AI infrastructure spending. Latin American markets also climbed, buoyed by a strong performance by Brazilian stocks and the real currency, after right-wing Senator Flavio Bolsonaro outperformed polls in the first round of the presidential election and advanced to a runoff against incumbent Luiz Inacio Lula da Silva. Bond yields stubbornly remained high, with US 10- and 30-year Treasury yields reaching fresh 24-year highs, despite a slight dip in the probability of an interest rate increase from the Federal Reserve this month. The 10-year yield settled at 5.3089% in Asia, up 3 basis points from the previous day, marking the highest level since 2002. Meanwhile, 30-year yields hovered around 5.6622%, briefly spiking to 5.7029% overnight. The narrowing demand for French bonds, following the underwhelming budget, reduced the premium investors demanded for holding French 10-year bonds over safer German debt to 137 basis points. The euro tumbled to $1.1215, its weakest level since May 2025, after falling as much as 0.8% to $1.116 overnight, marking its lowest point since November 2024.",
  "summary": "SYDNEY: Asian stocks rose on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with a retreat in oil prices offering further support even as longer-dated Treasury yields hovered near multi-decade highs.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "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",
        "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": "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."
}