• Australian and New Zealand bonds fell, echoing selling in Treasuries on Friday, ahead of US inflation data this week that will help identify the path ahead for the Federal Reserve.
• The two nations’ 10-year yields climbed three basis points in early trading Monday after their US equivalent edged higher Friday. Australian stocks fell, while major currencies were broadly stable after an index of the dollar weakened Friday.
• Monday is marked by broad closures across Asia, with markets closed in Japan, China, Hong Kong, Singapore, Taiwan, South Korea, Malaysia and Vietnam for Lunar New Year holidays. US stocks ended Friday with a rally that pushed the S&P 500 to close above 5,000 index points for the first time.