Asian shares regained ground on Friday, following Wall Street's overnight lead as U.S. President Joe Biden hit back at Russia with harsh sanctions after it unleashed troops, tanks and missiles on Ukraine.
Investors rediscovered their risk appetite overnight after some initial sharp losses, with major U.S. indices posting gains on Wall Street on Thursday, lead by tech stocks.However, U.S. share futures slipped in early Asian trade, with S&P500 e-mini futures losing 0.61% and Nasdaq futures down 0.92%."Biden's sanctions and reluctance to pour troops in is providing some relief.
The yield on 10-year U.S. Treasuries was at 1.95% after an initial slide to 1.84% on Thursday, its biggest daily drop since late November.
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