The Treasury yields were smashed high as investors assessed tariffs and economic outlook under US President Donald Trump.
Asian stocks are generally weak in volatile trading, and tech stocks around the region barely escape the revenues of heavyweight US chipmakers and artificial intelligence beloved Nuvidia.
Cryptocurrency Bitcoin waned near the $85,000 mark, but Safehaven Gold was down $64 below the record high of $1 ounce, as trade war worries made market sentiment vulnerable.
Trump clouded the looming tax outlook at top trading partners in Canada and Mexico on Wednesday.
However, White House officials later said the March 2nd deadline, before taxation, was in effect at the “time of this moment,” causing further uncertainty regarding US trade policy.
The US two-year Treasury yield (US2YT = RR) rose to 4.09%, falling to 4.065% in the previous session, following a slump since November 1st. 10-year yield 
US10Y The trough rose to 4.2809% from 4.245% low on Wednesday, with a 2-1/2 month trough.
The dollar and US yields have been under pressure in recent weeks as they combine with growth concerns arising from Trump’s tariff plans.
Traders have raised recent bets on Federal Reserve interest rate cuts, with two-half quarter cuts this year, with perhaps the next quarter cuts likely in early July and October. (IRPR)
The market will consider GDP and durable order data scheduled for Thursday, but the Fed’s preferred inflation gauge, the Personal Consumption Expense (PCE) Index, is scheduled for Friday.
“The market is beginning to feel less confident about US growth,” says OMORI, Chief Global Desk Strategist at Mizho Securities.
“I think the surprises in our data continue to go down the negative side,” said Wemori, as economists begin to adjust their forecasts to weaker results, as inflation is still “sticky,” it is unlikely that Treasury yields will fall below 4% in 10 years.
US Dollar Index 
dxymeasuring the currency against six major rivals, rising 0.24% to 106.70, continuing to climb from the 2 1/2 month low of 106.12, which reached earlier this week.
In terms of stocks, Japan 
NI225 Added 0.25% and Australian benchmark index 
xjo It rose 0.33%. However, Korean cosplay 
Kospi Slide 0.91% and Taiwan shares TWSE. Taiex has dropped by 1.49%.
Hangsen in Hong Kong 
HSI Turned between profits and losses for the last transaction. Mainland Blue Chip 3399300 0.2% has been relaxed.
Pan Europe Stoxx 50 Futures 
FESX1! 0.5% is poured.
US Nasdaq Futures 
NQ1! The S&P 500 futures, while it rose 0.3% after a 0.3% increase in regular sessions. 
es1! After the cash index ended on a flat, it won 0.3%.
nvidia 
NVDA The shares slipped 1.5% in extended trading, following a 3.7% rally in regular trading on Wednesday. After the closing bell, the chipmakers released strong first quarter growth forecasts, but investors are used to the big beats from the company.
“Nvidia’s revenues have resulted in much less volatility than expected,” said IG analyst Jun Rong Yeap.
“The lack of a major surprise may have made the emotions relatively mild,” Yeap said.
“Sellers may find themselves in a nuisance of a small gross profit decline, but…it’s important to note that this comes from a new data center product. It will ultimately benefit long-term growth.”
Bitcoin 
btcusd It took up to $85,835, following nearly 12% falls in the first three days of the week.
Bitcoin Bull Geoff Kendrick is the global head of digital asset research at Standard Chartered, and warned him against buying DIP in a note to clients.
“Patied,” he said. “These types of losses rarely end well. I don’t think there’s a big surrender yet.”
gold 
gold It went back to $2,891 per ounce.
Crude oil was tickled from a hit two-month low, following a surprising build of US fuel reserves.
Brent Crude Futures 
brn1! 0.3% added to $72.75 per barrel. US West Texas Intermediate Crude Futures Cl1! Achieved 0.17% to $68.74.
