A benchmark of Asia equities headed for a sixth weekly gain, the longest such stretch in two years. That followed a rebound in the S&P 500 after a rout that put the gauge on the cusp of breaching its average price of the past 100 days.
Investors are taking heart from any signs of softness in prices that may allow central banks to be less hawkish and more supportive of economic growth. Treasury yields were little changed, with 10-year yields hovering below 3.5%. Government bond yields moved lower in Australia while those in New Zealand rose. Japan’s benchmark 10-year yields were unchanged.of nearly 10% after a volatile session on Thursday on concerns over economic outlook. Gold steadied.
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