- Stocks were mixed, and bonds were down again, as traders assessed the risks posed by a global wave of monetary tightening.
- Shares increased in Japan but fell in China and Hong Kong. Futures on the S&P 500 and the Nasdaq 100 were little changed. Wall Street ended a choppy session in the red on Monday, dragged down by technology stocks like Meta Platforms Inc.
- Treasury yields, as well as bonds from Australia and New Zealand, rose amid a global bond selloff fueled by the prospect of interest-rate hikes to combat inflation. Japan's government bond yields are approaching the upper limit of the central bank's tolerance level, indicating the possibility of an intervention.
- The dollar index was stable. The scorching rally in oil has paused, with focus shifting to Iran nuclear talks, which could result in the resumption of official crude exports from the Persian Gulf producer. Bitcoin's gains were close to $44,000.
