Asian stocks, bonds slump over global rates angst

Asian stocks fell as investors awaited key inflation readings for clues on global interest rates and monetary policy. The dollar rose on higher Treasury yields as gold remained under pressure. Equities slid, bonds swooned, and the USD showed strength. Markets reacted to data on inflation, economic activity, and German inflation. Asian stocks fell as investors awaited key inflation readings for clues on global interest rates and monetary policy. The dollar rose on higher Treasury yields as gold remained under pressure. Equities slid, bonds swooned, and the USD showed strength. Markets reacted to data on inflation, economic activity, and German inflation.  Economic Times