HONG KONG (Reuters) - U.S. stock futures extended gains in Asia on Friday while safe-haven Treasuries slid after the U.S. government pumped $20 billion into Bank of America , the latest intervention to prop up the battered financial sector.
March S&P 500 futures were up 8.5 points, or 1 percent, at 847.80. Ten-year U.S. Treasuries fell 20/32 in price to yield 2.270 percent, up 7 basis points from late U.S. trade.
The dollar <.DXY> showed little reaction to the news.
Higher-yielding currencies such as the Australian dollar held hefty gains against the yen.
(Reporting by Eric Burroughs, Editing by Ian Geoghegan)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 1.618 AUD | +0.41% | +0.82% | - | ||
| 1.084 AUD | +0.27% | -0.37% | - | ||
By 
