Wall Street was spooked by the rising 10-year treasury yields. The yields rose to its highest since May 2002. Dow fell 130pts while S&P500 declined 16pts. Today would likely be another down day for the KLCI and STI. There are still interest in lower liners but for how long?
KLCI is expected to retest the 1346-1350 level today. STI could ease to 3500-3520 level.
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