Asian Market Outlook:
Asian Market Outlook: 10-year Treasury yields are up 0.9% at 2.847%, 10-year yields are also up in china,, but 10-year JGB yields are down -0.2 bp at 0.026% and bonds outperformed in Australia and New Zealand. Asian stock markets traded mixed, with Japanese stocks underperforming as the yen strengthened. Topix and Nikkei down -0.69% and -0.86% as of 5:28 GMT. Elsewhere, stocks found some support after China weakened the yuan's daily fixing by the most in more than two years. The Hang Seng is down a modest -0.09% and mainland China bourses are narrowly mixed - the CSI lost -0.07% and Shanghai and Shenzen Comp are slightly higher, ASX and Nifty 50 are also posting gains. U.S. stock futures are also mixed, with the NASDAQ outperforming. The September NYMEX future is trading slightly higher at USD 68.29 per barrel.