Japanese bonds rebounded after a selloff that rippled through global debt markets, and US equity-index futures rose as volatility showed tentative signs of easing.
Yields on 40-year Japanese debt fell 22 basis points to 3.99% after Finance Minister Satsuki Katayama called for calm following a rout that had pushed super-long yields to all-time highs. In a further sign that markets were finding some footing, Treasuries edged up and futures contracts for the S&P 500 rose 0.3% after the underlying gauge had its steepest loss since October.
