Asian stocks mixed ahead of U.S. inflation test

HONG KONG: Asian shares were mixed and U.S. treasury yields slipped on Tuesday as markets, boosted by the weekend passage of a long-delayed $1 trillion U.S. infrastructure bill, awaited the release of inflation data from the United States.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2%. Japan's Nikkei stock index slid 0.68% while Australian shares were down 0.24% as losses in the financial sector offset early gains among heavyweight mining stocks.