LONDON/SHANGHAI: Global shares were flat on Friday but within sight of a record high while oil edged lower as benchmark debt yields climbed, helping to curb the latest stimulus-driven rally.
That in turn weighed on the MSCI World Index, taking it into the red, down 0.1per cent, albeit less than 1.5per cent away from the record high hit last month. U.S. 10-year Treasury yields rose again on Friday, back above 1.6per cent and on track to rise for the seventh straight week.
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