Apac markets on edge amid bond market turmoil

Japan's borrowing costs hit a 30-year high after the US Fed chair used more hawkish rhetoric; oil prices have risen as the Iran war escalates.

Asia Pacific (Apac) stock markets are on edge as many government bond yields climbed to decade-high levels after US Federal Reserve chair Kevin Warsh said a priority was to return US inflation to target at the Jackson Hole Economic Policy Symposium last week.

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