Asian equities broadly advanced on the 3rd after US stocks rebounded from three consecutive sessions of declines, easing immediate concerns about rising interest rates. Taiwan's TAIEX opened more than 160 points higher and extended gains to 352 points, reclaiming 46,500 and its five-day moving average. South Korea's KOSPI also recovered 6,600, led by Samsung Electronics and SK Hynix. The US 10-year Treasury yield reached 4.818% intraday, its highest since November 2023, before closing at 4.793%, while weaker-than-expected ADP employment data and comments from New York Federal Reserve President John Williams helped cool expectations of further rate increases. Analysts cautioned that Taiwan's TAIEX KD indicator has entered overbought territory, making volume expansion above NT$1.1 trillion important if the market approaches its previous high. Future US yields, Federal Reserve commentary and employment data will determine whether the rebound continues, with short-term volatility likely to persist while the rate outlook remains unclear.