Hong Kong, May 23, 2025 (AFP) - Stocks bounce after Treasury-led sell-off

NAMPA / AFP

2025-05-23

Equities mostly rose Friday following the previous day's US bond-fuelled sell-off with traders tracking a slight pullback in Treasury yields as Donald Trump's signature tax-cutting budget passed a key congressional vote. Worries about the US budget deficit have returned to the fore this week after Moody's removed its top-tier credit rating and the president pushed ahead with a budget that some suggest will expand the country's ballooning debt. A......

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