Stock markets around the world, including in the US, Europe, and Asia, rose today. This followed a decline in US Treasury yields, which made stocks more attractive to investors.
The MSCI Asia Pacific Index climbed as much as 1.2%, with Taiwan, India, and Indonesia posting the biggest gains. Meanwhile, the US dollar index fell for a third consecutive day.
This upward trend comes as traders await further news about the administration of US President-elect Donald Trump and his economic policies.
Experts believe that the decline in US Treasury yields means that investing in these bonds is less attractive, which is leading investors to seek other options, such as stocks.
Meanwhile, some analysts warn that this upward trend may be temporary and that markets remain sensitive to news and political events.
