Will The Policy Bazooka Be Unleashed As Lines In The Sand Are Crossed?

Key News

Asian equities followed Wall Street lower overnight except for Taiwan, which pulled a James Bond +0.07% before Taiwan Semiconductor’s post-close earnings announcement that beat expectations.

The US 10-year Treasury Yield is approaching 5%, which is sending the US dollar higher as China’s Renminbi and the Asia Dollar Index both fell versus the greenback. US political dysfunction and Middle East tension continue to weigh on investors’ risk appetite.