Daily Morning Note | January 05, 2022

Let the Money Talk · Jan 5, 2022 · 8m

Stocks in Asia look set to open steady Wednesday as investors fret about interest rates increases that dragged down U.S. stocks from a record and extended a decline in Treasuries. Australian shares opened little changed. Futures ticked higher in Japan and dipped in Hong Kong. U.S. contracts were steady after the Nasdaq 100 underperformed amid a selloff in technology shares and the S&P 500 was little changed. The rout in U.S. Treasuries deepened for a second day amid increasing conviction the Federal Reserve will raise rates at least three times beginning in May to counter price pressures…