Asia shares dip as high yields test valuations

Asian shares edged lower on Monday as high Treasury yields challenged lofty Wall Street equity valuations while underpinning the U.S. dollar near multi-month peaks. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.2%, but is still 16% higher for the year. Japan’s Nikkei eased 0.2%, but is sitting on gains of 20% for 2024.Read More