Asia Mixed as Stocks, Bonds Dip on Pared Rate Bets: Markets Wrap.

Shares in Asia were mixed as US stocks and bonds weakened due to strong signals from the labor market, reducing expectations for interest rate cuts. Japan's shares rose, aided by a weaker yen, while Australia and South Korea experienced fluctuations. The S&P 500 and Nasdaq 100 both declined, leading to a drop in global equities. Treasuries remained relatively stable after a decline, and the 10-year yield reached 4% following positive jobs data. Swaps traders now see a 65% chance of a rate cut by the Fed's March meeting. The yen also weakened, and upcoming data releases in Asia include consumer confidence in Japan and inflation in various countries. Oil prices steadied after a decline, and corporate news included Apple Inc's stock tumbling and McDonald's Corp. being affected by boycotts in the Middle East. [Extracted from the article]