Global stock prices rose to a 1 1/2-month high on Monday after data showing a surge in U.S. employment while short-dated U.S. bonds came under pressure on worries the Federal Reserve may bump up interest rates sooner than it has indicated.
MSCI's all-country world index was almost flat but stood near its highest level since late February and within sight of a record high set that month. While employment remains 8.4 million jobs below its peak in February 2020, an accelerating recovery raised hopes the all the jobs lost during the pandemic could be recouped by the end of next year.
The two-year U.S. Treasury yield rose to 0.186per cent, near its eight-month peak of 0.194per cent touched in late February.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »