Markets across Asia-Pacific trade are mixed as investors weigh moves in US interest rates and look ahead to upcoming Federal Reserve and US inflation signals. Several reports say the MSCI’s broadest index of Asia-Pacific shares outside Japan rises in early trading, with gains ranging from about 0.2% to 1.2%. Other reports describe pullbacks, including a fall of around 0.5% tied to volatility in bonds.

The differing day-to-day moves are linked to catalysts in US markets and rates. One outlet says Asian shares rise after US Treasury steps in to curb a bond sell-off, while another notes gains after US technology earnings. At the same time, at least one report highlights caution ahead of a Federal Reserve speech and another points to declines in South Korea and Hong Kong. Oil is also mentioned: one report says it extends losses, while another says oil is high or stable.

Japan is closed for a public holiday in one report, while equities in the region are otherwise pulled between improving sentiment from US rebounds and renewed pressure when bond markets swing. Overall, some outlets frame the moves as part of a broader weekly trajectory that includes potential gains.