(Reuters) - Australian shares are poised to slip on Friday, as risk appetite fell in light of a massive selloff of U.S. Treasuries and hawkish speeches by U.S. Federal Reserve officials, sparking inflation concerns.
Global markets fell as yields on the U.S. 10-year note hit multi-year peaks on positive economic data, propping up government bond yields in most countries and pushing stocks into the red. [MKTS/GLOB]
The local share price index futures <YAPcm1> fell 0.4 percent or 26 points to 6,151, a 27.3-point discount to the underlying S&P/ASX 200 index <.AXJO> close. The benchmark gained 0.4 percent at close.
New Zealand's benchmark S&P/NZX 50 index <.NZ50> was down 25.17 points or 0.3 percent to 9,232.01 at 2110 GMT.
(Reporting by Rashmi Ashok; Editing by Sandra Maler)
