World shares rise, US yields fall as markets eye earnings, economic data

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NEW YORK, July 23 - Global stocks rose while U.S. bond yields dropped on Tuesday as markets awaited economic data and a plethora of corporate earnings, moving past U.S. President Joe Biden's decision to end his reelection bid.The U.S core personal consumption expenditures index, the Federal Reserve's preferred inflation measure, will be released on Friday. The yield on benchmark U.S. 10-year notes fell 3.5 basis points to 4.225%.

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