Bond Losses Extend to Asia as Stocks Tread Water: Markets Wrap

News Snapshot:

(Bloomberg) -- Asian bonds fell early Thursday, echoing selling pressure in Treasuries in the prior session that supported the dollar. Equities in the region opened mixed after a flat day on Wall Street. The 10-year benchmarks for Australia and New Zealand rose by around four basis points, mirroring the increase in Treasury yields of the same maturity Wednesday, which came as a $42 billion sale of 10-year bonds saw mild demand. US notes were little changed in Asian trading. Japanese bonds also dipped as traders mulled a hawkish-sounding summary of opinions from the central bank’s April meeting. Bank of Japan...