SINGAPORE: Longer-dated U.S. Treasury yields hit their highest in 18 months on Thursday, while Asian stocks and the dollar slipped as worries of a worsening fiscal outlook in the world's biggest economy weighed on investor sentiment.
The spotlight remains on U.S. President Donald Trump's tax bill that is expected to be voted on this week in Congress and investors are worried it could add about $3.8 trillion to the $36 trillion U.S. debt pile.
