


| Asian shares struggle for traction as Fed cut fails to boost confidence |
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The surprise 50 basis point cut came with commentary highlighting the limits of monetary policy, and Wall Street indexes fell sharply. Gold surged and the dollar sank. [.N] The yield on benchmark 10-year U.S. Treasuries, which falls when prices rise, hit a once unimaginable low of 0.9060% and has held just above that level in Asian trade.
Posted: 2020-03-04 06:42:00
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