31 Jan Australia shares seen edging down; NZ flat
Feb 2 (Reuters) – Australian shares are poised to edge lower
at open on Friday, as gains on Wall Street lost steam after bond
yields rose.
Wall Street gave up earlier gains on Thursday as the U.S.
Treasuries market started February on a sour note. The 10-year
yield hit a near four-year peak after economic indicators seemed
to confirm the Federal Reserve’s inflation outlook.
The local share price index futures fell 0.2
percent or 16 points to 6,021, a 72.1-point di
at open on Friday, as gains on Wall Street lost steam after bond
yields rose.
Wall Street gave up earlier gains on Thursday as the U.S.
Treasuries market started February on a sour note. The 10-year
yield hit a near four-year peak after economic indicators seemed
to confirm the Federal Reserve’s inflation outlook.
The local share price index futures fell 0.2
percent or 16 points to 6,021, a 72.1-point di
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