Wednesday, June 20, 2007

Asian Stocks Decline on U.S. Bond Yields, Led by Toyota; Samsung Advances

(Bloomberg) -- Asian stocks fell for the first time
in six days after higher U.S. bond yields renewed concern that
spending in the world's largest economy will slow.

Toyota Motor Corp. and LG Electronics Inc. led exporters
lower, dragging the Morgan Stanley Capital International Asia-
Pacific Index from a record. U.S. shares posted their biggest drop
in two weeks yesterday after the yield on the 10-year Treasury
note, which influences rates on mortgages and corporate loans,
ended a three-day decline.


Read more at Bloomberg Stocks News

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