Asian stocks were mixed Friday and U.S. equity futures edged lower as the risk-on mood that’s permeated global financial markets this week showed signs of abating. Benchmark Japanese bond yields inched toward an exit from negative territory. Japanese and Chinese shares edged higher, while equities in Hong Kong dipped. Futures on the S&P 500 slipped after the index notched another record high. Japanese 10-year government bond yields were on track for their biggest weekly climb since May 2013, the month the taper tantrum began. China’s offshore yuan was trading stronger than 7 per dollar. Gold headed for its worst week since May 2017, back when the global economic narrative was all about synchronous growth.-Bloomberg 




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