Asia stocks rally as lower bond yields buoy tech; China shares find footing

TOKYO: Asia-Pacific equities gained on Wednesday as bets firmed for a peak in interest rates among major central banks globally, pushing down bond yields.

Benchmark 10-year Japanese government bond yields dipped to their lowest since mid-August at 0.62%, tracking an overnight slide for equivalent U.S. Treasury yields as cooling labour market data cemented views that the Federal Reserve is done raising rates.