Shares muted in Asia, high yields test lofty valuations

SYDNEY (Reuters) -Asian shares made a muted start to the week on Monday as high Treasury yields challenged rich 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 0.9%, but is sitting on gains of around 20% for 2024.Read More