Asian Markets Rebound as Central Bank Officials Soothe Investor Fears

Asian stock markets, including Japan`s Nikkei, rebounded after a steep decline on Monday. The recovery was supported by reassuring statements from Federal Reserve officials and positive U.S. economic data. Despite the rebound, market sentiment remains cautious, with uncertainty about whether this is a temporary respite or a sustained recovery. The U.S. dollar and Treasury yields also recovered from recent lows.