Conflicting headlines about US-China trade whipsawed the markets in Asia, but when things settled down, perhaps, like the partial deal that has been hinted, net-net little has changed. Asian equities were mixed, with the Nikkei, China's indices, and HK gaining, while most of the others slipped lower. The 0.9% gain in the S&P 500 yesterday failed to lift European stocks, and the Dow Jones Stoxx 600 is near the week's lows. US shares also are trading softer. Benchmark 10-year bond yields are edging higher, perhaps playing a little catch-up to the 5.5 bp increase in the US 10-year yields yesterday. The dollar is ... (full story)