ASX to fall, US bond yields rise higher

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Australian shares are poised to fall, tracking weakness in New York where all three major benchmarks retreated, and volatility spiked higher in the closing moments. US bond yields rose after a second consecutive day of poor demand at government debt auctions.

  • On Wall St at 4pm: Dow -1.1% S&P -0.7% Nasdaq -0.6%

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