Asia Markets: Asian markets get off to a slow start

Asia-Pacific stock markets were relatively quiet Monday following a late-week pullback in U.S. equities.

There were more indexes with declines than gains in morning trade, but moves in either direction were almost all within 0.3% in Japan NIK, -0.24% , Hong Kong HSI, -0.36% and South Korea SEU, -0.19% .

One exception was the Taiex Y9999, -0.76% , which was down 0.5%, as Taiwan Semiconductor Manufacturing 2330, -0.87% fell 1.3%.

Yields on 10-year Treasurys were recently at 2.965% in Asia after settling at 2.949% on Friday, the highest late New York level since January 2014.

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