Asian stocks and US equity futures declined, while the yen and Treasury rallied, as optimism over policy stimulus paved the way for a resurgence of concerns over the rising number of infections in some places.

Global equities earlier this week saw share prices fall in Japan, Australia and Hong Kong. The S&P 500 index futures retreated after being indexed after losses and losses in most of Wednesday’s shares in volume before the red and closed. Yuan and Chinese bond yields traded flat, before China’s central bank cut interest rates in the money market and offset losses caused by cash injections.