Asian Market Wrap:
Asian Market Wrap: 10-year Treasury yields are up 0.2 bp at 2.704%, JGB yields fell back -0.8 bp to -0.025%, as the rally on stock markets faded. Wall Street still closed with slight gains, but there wasn't enough momentum to sustain a further broad move higher in Asia. Topix and Nikkei closed little changed, the Hang Seng is down -0.26% and CSI 300 and Shanghai Comp are up 0.33% and 0.13%, after Chinese data showed a rebound in exports at the start of the year. The tech hub of Shenzhen outperformed with a gain of 0.93%, but the ASX also closed with a marginal loss. U.S. futures as well as European futures are moving higher though, so there is still some life in markets after reports that the U.S. is considering delaying China tariffs for 60 days. President Trump had already told reporters that trade talks are making good progress.