Most Asian share indices ended the week lower as US bond market stress persisted. US Treasury yields continued climbing, with the 30-year yield reaching 5.25% and the 10-year hitting 4.71%. Against this backdrop, Bitcoin approached $74,300 while gold hovered near $4,511 per ounce, up 3.1% for the week. The US deficit is running above 6% of GDP, with interest payments alone set to exceed $1.2 trillion this year. US markets also suffered, with the Dow Jones losing 703 points on Thursday.
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