US flash spike in treasury bonds drags equities down: Aus shares set to open lower
26 Feb 2021 - Aussie shares are poised to drop at the open following a retreat in US markets. Rising US bond yields seem to have spooked investors. The 10-year Treasury yield experienced a flash spike overnight, rising 0.2 per cent. Facebook has reversed its Australian news ban after the government compromised on its proposed media code which is currently making its way through the Senate. Victoria is expected to announce an easing of Covid-19 restrictions this morning as...