- Treasuries declined following drops in European bonds, undermining a November rise in US debt, while shares in Asia had mixed results. Oil prolonged losses.
- The mainland and Hong Kong Chinese stocks fell, undoing the gains made on Thursday due to Beijing's expanding real estate rescue initiative. Following a national holiday, Japanese equities increased in catch-up trading, and Australian markets also increased. Contracts for US futures remained stable.
- Treasuries declined as trading returned to normal in Asia after a holiday, reversing monthly advances that had sent one market indicator to its highest level since March. The 10-year yield increased by more than five basis points as European bond prices declined on Thursday. A report that Germany will suspend debt limitations for a fourth year in a row alarmed investors, raising additional worries about increased borrowing as the euro-area economy slowed.
- After rising 8.9% on Thursday, a measure of developer stocks in China dropped 1.5% in early afternoon trading. The prior spike occurred on a report by Bloomberg News that China may let banks to provide unsecured short-term loans to eligible builders for the first time, in an attempt to halt the country's housing collapse.
