Asian shares were volatile on Thursday and oil prices turned lower as the latest developments in the Ukraine war and more hawkish comments from U.S. Federal Reserve officials left investors uneasy.
However, crude prices on Thursday gave up earlier gains in volatile trading as investors assessed the potential for new supply in the tight markets amid prospects of a new Iran deal. OR/
The bond market, meanwhile, paused for breath with the yield on benchmark 10-year Treasury notes last at 2.3444% in Asian trading, after retreating from a nearly three-year peak of 2.4170% overnight.
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