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Treasuries advanced. 08:25
Image: Takashi Aoyama/Getty Images
Most Asian stocks gained after US equities rallied as investors focused on the outlook for earnings amid an economic revival. Treasuries advanced.
Japan outperformed, while Hong Kong and Australia had more modest gains. US futures edged lower, while European futures rose. Treasury yields fell, with the 10-year dropping below its 50-day moving average for the first time since November. The dollar was steady. Oil added to losses with an increase in US crude inventories compounding concerns around a choppy global demand recovery.
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