Overview
Equity losses in the US appeared to drag most Asia-Pacific markets lower today, with China and India the notable exceptions. European bourses are higher, and the only energy sector is a drag on the Dow Jones Stoxx 600, which is around 1% higher in late morning turnover, while US shares are also trading firmer. Asia-Pacific 10-year benchmark yields eased. European yields are little changed, but Italian bonds have rallied after the premium over Germany approached a one-month high yesterday near 235 bp (from 194 bp at the end of last week), apparently triggering a