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Asia stocks hold near highs, yields up on U.S. stimulus plans – Reuters

Asian shares took a breather on Monday while Treasury yields were at 10-month highs as “trillions” in new U.S. fiscal stimulus plans were set to be unveiled this…

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SYDNEY (Reuters) – Asian shares took a breather on Monday while Treasury yields were at 10-month highs as trillions in new U.S. fiscal stimulus plans were set to be unveiled this week, stoking a global reflation trade.
FILE PHOTO: A man works at the Tokyo Stock Exchange after market opens in Tokyo, Japan October 2, 2020. REUTERS/Kim Kyung-Hoon
Investors were keeping a wary eye on U.S. politics as pressure grew to impeach President Donald Trump, though signs were an actual trial could be some time…

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