Asian stocks attempt recovery after sharp selloff as bond yields and rate-hike bets weigh on outlook

Asian equity markets clawed back some ground on June 9 (Tuesday) after yesterday’s punishing losses, but the recovery remained fragile as rising bond yields and growing expectations of central bank rate hikes kept investors cautious across the region. South Korea’s KOSPI led the rebound with a 3% gain after plunging more than 8% in the...