Asia Rides U.S. Bond Boost | Tulsa News

Tulsa News Today | 2 Min News | The Daily News Now! · Aug 20, 2026 · 1m

Asian markets surged today, led by a strong rebound in South Korea’s Kospi index—up over six percent—driven by AI-linked tech stocks and big wins for Samsung and SK Hynix, which announced a major share buyback. The rally follows a U.S. Treasury move to at least double purchases of long-term bonds, aiming to lower yields and ease investor pressure. U.S. indices closed modestly higher, while oil prices edged up amid stalled Iran negotiations and rising geopolitical uncertainty. The dollar also strengthened against the yen as global markets found renewed optimism despite ongoing tensions. Listen…