Asia shares win reprieve as bond rout pauses for now
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent in early trade on Wednesday, bouncing back from a four-month low touched the previous day. Asian shares won the reprieve from a rally in Wall Street shares as the sell-off in global bonds and sharp gains in the dollar paused for now. Japan's Nikkei rose 1.0 percent to nine-month high thanks to the fall in the yen against the dollar.
On Wall Street, the Dow Jones industrial average rose 0.29 percent to a record high while the S&P 500 gained 0.75 percent.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent in early trade on Wednesday, bouncing back from a four-month low touched the previous day. Asian shares won the reprieve from a rally in Wall Street shares as the sell-off in global bonds and sharp gains in the dollar paused for now. Japan's Nikkei rose 1.0 percent to nine-month high thanks to the fall in the yen against the dollar. 
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