A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday. Asian stock markets followed Wall Street lower on Thursday after the Dow Jones Industrial Average plunged on mounting fears of a possible recession. AP
A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday. Asian stock markets followed Wall Street lower on Thursday after the Dow Jones IndShow more
Asian stocks slide on lower yields and global recession fears
Yields on 10-year paper dropped to 1.55 per cent, taking them under two-year paper. Such an inversion was last seen in 2007 and correctly foretold the great recession that followed a year later.
