Asian stocks ended mixed on Tuesday after a sell-off in the U.S. bond market overnight fueled anxiety about a possible economic slowdown.
The yield on the 10-year Treasury jumped back above 3 percent amid expectations that tightening plans by major central banks would keep interest rates elevated for an extended period.
China's Shanghai Composite index edged up 0.17 percent to 3,241.76 as more Covid-19 related restriction eased in Shanghai and other major cities. Hong Kong's Hang Seng index slipped 0.56 percent to 21,531.67.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.