Asia Stocks, Won Climb on Growth Outlook; Treasuries Decline

Asian stocks gained, with the region’s benchmark index set for its best week since December, and the won strengthened amid signs of sustained global growth. Treasuries declined as traders increased bets inflation will accelerate as the U.S. economy expands.

The MSCI Asia Pacific Index added 0.5 percent to 139.85 as of 11:40 a.m. in Tokyo, bound for a 2.8 percent weekly advance. Standard & Poor’s 500 Index futures were little changed after the gauge reached a 32-month high yesterday. The won rallied 0.4 percent versus the dollar. Ten-year Treasury yields rose three basis points to 3.61 percent. Copper snapped a three-day drop.