S&P 500 and Nasdaq 100 contracts shed over 1%, Japan led an Asian stock gauge lower and sovereign debt was under pressure – providing little respite after the fifth straight weekly decline in global shares and bonds.
Treasury yields dipped but remained in sight of levels last seen in 2018, while Australian bonds extended a selloff. Inflation data this week from the U.S. and elsewhere could drive bond-market swings.
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JSE faces continued Asian market pressure on MondayInvestors remain jittery as they consider the willingness of central banks to aggressively fight inflation at the expense of growth
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