Japanese stocks led gains in Asia and U.S. futures advanced as investors digested the recession-risk signals emanating from U.S. Treasuries that sparked a sell-off Friday. Japan’s Topix index rose more than 2 percent, though Korea’s benchmark was weighed down by a Samsung Electronics Co. warning on memory-chip prices. Hong Kong shares saw modest gains, Shanghai shares fluctuated and Australia was flat. U.S. Treasury yields edged up after a two-day tumble that saw 10-year rates drop below those on three-month bills. West Texas crude climbed above $59 a barrel, and the yen dipped as a risk-on tone took hold.-  Bloomberg 

read more