The majority of Asian stocks fell alongside U.S. stock futures, while Treasuries remained flat after Wednesday’s sell-off as investors rated new signs of the resilience of the U.S. economy.
China’s stock indexes fell as house prices fell as much as in eight years, after shares fell in Japan and South Korea. US futures fell, effectively erasing a 0.2% gain in the S&P 500 on Wednesday.
Asia’s Treasury bonds remained unchanged after Wednesday’s sell-off, with the 10-year interest rate rising eight basis points to more than 4.5%.
The US currency settled in Asian trading after gaining against major currencies in the previous session, including the yen, which fell beyond 151 against the dollar.