Aussie shares set to slip as global risk appetite takes a hit; NZ falls

Australian shares are poised to slip on
Friday, as risk appetite fell in light of a massive selloff of
U.S. Treasuries and hawkish speeches by U.S. Federal Reserve
officials, sparking inflation concerns.
Global markets fell as yields on the U.S. 10-year note hit
multi-year peaks on positive economic data, propping up
government bond yields in most countries and pushing stocks into
the red.
The local share price index futures fell 0.4
percent or