Asia markets set to rise as Wall Street rallies and Treasury yields ease

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Asia markets set to rise as Wall Street rallies and Treasury yields ease
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The benchmark 10-year U.S. Treasury yield fell nearly 13 basis points to about 4.65%, which reflected the first reaction to the Israel-Hamas conflict in the…

Asia-Pacific markets are set to rise, mirroring moves on Wall Street as U.S. Treasury yields fell and oil prices slightly eased.fell nearly 13 basis points to about 4.65%, as investors sought safe assets amid the Hamas-Israel conflict. Yields and prices move in opposite directions.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyis also set to rise as investors assess the Reuters Tankan survey, which saw business morale at large Japanese firms stay largely unchanged, with the futures contract in Chicago at 31,875 and its counterpart in Osaka at 31,780 against the index's last close of 31,746.53.stood at 17,981, pointing to a stronger open compared with the HSI's close of 17,664.

"It's a tragedy from a human point of view," Kostin told CNBC's"Squawk on the Street" on Tuesday."But the idea fundamentally, we'll be getting earnings for the last three months, which is obviously backward looking. And the prospects looking forward are probably more domestically facing issues that are sort of pertinent to a lot of portfolio managers.

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