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Business Maverick: US equity futures, stocks fall as dollar climbs: markets wrap

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US equity futures and stocks fell anew on Monday and the dollar climbed as high inflation, monetary tightening and the prospect of an economic slowdown spurred another bout of risk aversion.

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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