Daily Morning Note | January 11, 2022
Asia stocks looked set to slip Tuesday after the S&P 500 closed lower for a fifth session, though a late U.S. rebound may tame losses.
Australian shares edged lower. Futures pointed to a modest decline in Hong Kong and Japan, which reopens after a holiday. U.S. contracts traded steady after the S&P 500 posted its longest losing streak since September, though dip buyers emerged to wipe out almost all its losses after sinking 2%. The Nasdaq 100 ended in the green after sliding as much as 2.7%.
The U.S. Treasury curve flattened as short-dated yields rose sharply with market-implied odds of a…
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