Global equities rise as bond yields fall ahead of U.S. jobs data
Investors lifted global equity markets on as bond yields slipped, while they awaited U. S. payroll data that could influence Federal Reserve policy, Yahoo Finance reported. Earlier in the week, Stocktwits said U. S. stock futures fell and bond yields rose as technology CEOs attended a White House dinner for Chinese President Xi Jinping.
Reuters noted that Asian equities held steady on despite a sharp rise in long-term U. S. Treasury yields, while on both Asian stocks and U. S. indices slipped amid higher oil prices and climbing yields, with central banks expected to tighten further, according to Reuters and NBC News. The week began with Reuters reporting that global bond markets slipped further on as Treasury yields hit post-crisis highs amid concerns over the Iran conflict, inflation and the upcoming Trump-Xi summit.
