Asia shares skid as inflation shadow spooks bonds
Asian shares fell the most in over a year on Monday as fears of resurgent inflation battered bonds, toppled Wall Street from record highs and sparked speculation that central banks globally might be forced to tighten policy more aggressively. MSCI’s broadest index of Asia-Pacific shares outside Japan shed 1.9 percent in the largest daily drop since late 2016. Japan’s Nikkei sank 2.3 percent, while Australia’s main index lost 1.3 percent and Chinese blue chips slid 0.7 percent.
Source:: https://finance.yahoo.com/news/asia-shares-skid-inflation-shadow-spooks-bonds-030012883–finance.html
