ASX set to open lower as Wall Street slides – Sydney Morning Herald

Treasury yields, which have been climbing recently on expectations of higher inflation, mostly fell. The yield on the 10-year Treasury note held near its highest level in a year.
Energy prices rose again, adding to a sharp increase the day before due to the frigid weather thats impacted much of the US.
Optimism that Washington will come through on trillions of dollars of more aid for the economy and encouraging company earnings reports have helped stocks grind higher this month, along with hopes…

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