Asia stocks skid as global inflation fears, tech woes hit Wall Street – Reuters
SYDNEY/MIAMI (Reuters) – Asian stocks skidded to one-month lows on Friday as a rout in global bond markets sent yields flying and spooked investors amid fears the heavy losses suffered could trigger distressed selling in other assets.
FILE PHOTO: Pedestrians are reflected in an electronic board displaying various stock prices at a brokerage in Tokyo, Japan, February 4, 2016. REUTERS/Yuya Shino
The scale of the selloff prompted Australias central bank to launch a surprise bond buying operation to…