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| October 22, 2018

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Asia shares waver, bond yields climb into US data -

A woman walks past a stock quotation board outside a brokerage in TokyoBy Wayne Cole SYDNEY (Reuters) – Asian shares spent much of Friday in a state of suspended animation as tension mounted ahead of jobs data that could make or break the case for an imminent scaling back in U.S. stimulus. Government borrowing costs from Japan to Australia hit fresh highs on trepidation the Federal Reserve could start tapering its $ 85 billion of monthly debt purchases at its policy meeting on December 17 and 18. "In other words, mission accomplished." "And the Fed will likely couple the start to tapering with a move to further push out expectations for the first rate hike." For the moment, though, discretion was coming out ahead of valor and share markets across Asia were mixed at best. Japan's Nikkei at least managed to steady after steep falls the previous two days.



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