• Equities in Asia were primed for a downbeat open Friday after declines on Wall Street as new data weakened the case for imminent Federal Reserve interest rate cuts.
• Shares in Australia and equity futures for Japan and Hong Kong all fell. The S&P 500 and Nasdaq 100 each slipped for a second session with both benchmarks registering 0.3% declines. US futures edged lower early Friday.
• Treasuries also sold off Thursday with 10-year yields rising 10 basis points, their biggest one-day move in a month. The policy-sensitive two-year yield rose six basis points with Australian and New Zealand yields tracking those moves early Friday.