Asian Markets are Mixed while U.S. Equities Rallied Ahead of Year End

Asian stocks were mixed Thursday after U.S. shares edged up to another all-time high overnight ahead of end of the year.

KOSPI inched down by 0.31% while TOPIX, CSI300, HSI and SET inched up by 0.05%, 1.05%, 0.57 and 0.08% respectively.

The 10-year Treasury yield’s advance took it above its 50-day moving average for the first time in about a month. Australia’s 10-year bond yield increased too. A dollar gauge was steady and crude oil rose.