Asian Stocks Set for Losses as Bond Jitters Linger: Markets Wrap - Bloomberg

“Asian equity markets are under pressure, with South Korea's Kospi sliding 5.2% amid lingering bond‑market volatility and a sharp rise in oil prices. The sell‑off reflects broader risk aversion that could spill over to U.S. investors holding international exposure, potentially denting portfolio performance. Higher crude prices also raise the cost of goods and transportation in the United States, adding upward pressure on inflation and consumer spending. Expert Analysis: The convergence of bond‑market uncertainty and soaring energy costs creates a feedback loop that may dampen risk appetite across global markets, including the U.S. If Asian equities continue to falter, U.S. fund managers may rebalance toward domestic defensive sectors, while consumers could feel the pinch through higher fuel and freight prices.”