Asian stocks slump as US recession fears grip markets
(The Guardian World News)

Australian treasury yields hit a record low in a grim portent for the economy, while the Nikkei falls 3% in wider share selloffShares in Asia Pacific have slumped after a key market indicator flashed an `amber warning` that the United States could be heading for a recession.Bond yields also continued to fall across the world with Australian 10-year treasury yields falling to a record low on Monday of 1.756% in what analysts see as a strong indicator of a downturn hitting the resource-rich country. Continue reading...