Economic TimesLean R·
Stocks mixed as oil prices pause climb but yields hover near highs
Global bond yields remain near multi-decade highs as inflation worries persist. Stock markets found scattered relief as oil prices pulled back on Friday. U.S. Treasury yields stayed near their highest levels since 2007 and 2011. Investors anticipate potential interest rate hikes from central banks globally. Major currencies were steady against the dollar, while the yen weakened significantly.
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