Hang Seng leads gain as markets rebound as treasury yields ease,...

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2025-05-23 09:51:07 -

Hang Seng leads gain as markets rebound as treasury yields ease, Trump’s tax bill advances

Equities rebounded on Friday following a previous sell-off, spurred by a slight pullback in US Treasury yields and optimism surrounding the House passage of President Trump's tax-cutting budget. Despite earlier anxieties over Moody's credit rating downgrade and tariff measures, market sentiment stabilized after the bill's approval. Federal Reserve Governor Waller's remarks about potential...

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