U.S. Private Hiring Unexpectedly Falls in November, ADP Estimates

US private hiring unexpectedly fell in November, according to ADP estimates, with 32,000 jobs lost. Analysts expected 40,000 new jobs. The Bank of Japan's Gov. Kazuo Ueda said officials are working to narrow the neutral interest rate range, which could inform whether to tighten policy. Japanese 10-year bond yields hit an 18-year high, while Australian bond yields rose on speculation of a February interest rate hike.