Caterpillar Inc CAT.N, McDonald's Corp MCD.N, Merck & Co Inc MRK.N and Honeywell International Inc HON.O all rose after reporting earnings. U.S. treasury yields slid further after data showed growth in U.S. consumer spending slowed in the third quarter, a sign inflation is peaking and the Federal Reserve can soon ease its aggressive hiking of interest rates. Asian markets benefited from speculation among investors that major central banks are considering slowing their aggressive interest hikes, given signs of an economic slowdown.