Overnight Trade News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Treasury yields hit new decade highs in Asia on Tuesday as traders grew wary of how long interest rates might need to stay elevated, with the higher risk-free rate putting a dampener on stocks even as beaten-down Chinese markets attempted a rebound. Benchmark 10-year U.S. Treasury yields rose about 2.5 basis points (bps) in early Tokyo trade to 4.366%, extending an overnight rise to hit their highest since 2007. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4%, led by volatile gains in China.

-3.90%   -  Morgan Advanced Materials PLC  (MGAMM.L)  Learn Forex: GBP Higher in Overnight Trade The British pound is the strongest major overnight, despite Nicola Sturgeon touting another Scottish referendum following the SNP’s fourth consecutive win. One would have expected the pound to suffer with the prospect of a new referendum, yet as the SNP fell just short of an outright majority, traders don’t appear to see it as an issue just yet. Boris Johnson condemned a second referendum, calling it “reckless”. GBP/USD broke marginally above 1.4000, yet volatility of the breakout...