What was the performance of the 30-year yield as discussed in the text?
Asian Stocks Slide to Two-Year Low; Yen Tumbles
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The video discusses the impact of recession fears on global stocks, highlighting the MSCI Asia Pacific Index's decline to a two-year low. It examines the effects of the DOJ decision on the yen and bond yields, noting a weakening yen and mixed yield trends. The video also covers positive developments in Chinese and Hong Kong markets due to pro-growth policies from the PBC.
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What factors are contributing to the rise in Chinese and Hong Kong equities?
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