Asian stocks rise as AI rally lifts Wall Street gauges and Treasury yields climb
• Asian stocks rose on Friday, with gains in Japan, South Korea and Australia pushing the MSCI Asia Pacific Index higher after Wall Street gauges hit records. • The move was driven by the AI trade, strong corporate earnings and resilient U.S. consumer data, while Nvidia's six-day rally brought its market value closer to $6 trillion. • U.S. two-year Treasury yields traded at 4.03%, the highest since June, and Japan's 10-year government bond yield climbed after producer prices hit their highest level since 2023.
moneycontrol.com





