Asian shares dip, soaring U.S. bond yields rattle emerging markets

By Hideyuki Sano
TOKYO (Reuters) – Asian shares dipped while the dollar strengthened broadly on Friday as U.S. bond yields soared on expectations U.S. President-elect Donald Trump’s policies would stoke inflation.
MSCI’s broadest index of Asia-Pacific shares outside Japan <.MIAPJ0000PUS> fell 0.2 percent, with Korean shares <.KS11> off 0.5 percent. Australian shares <.AXJO> eked out small gains of 0.1 percent.
Japan’s Nikkei <.N225> also rose more