Global Markets: World stocks remained relatively firm at the end of the week as investors balanced strong technology sentiment against sharply higher government bond yields and easing oil prices.

Reuters reported that the MSCI world index was heading for its strongest weekly performance since early August. Oil prices eased as markets assessed the possibility of improved Middle East energy supplies, while bond yields remained under pressure. citeturn0search0turn0search1

Bond Yields in Focus

The US 10-year Treasury yield moved above 5.2%, while Japan’s 10-year yield reached levels last seen in the 1990s. Higher yields can increase borrowing costs for businesses, governments and households.

Markets Watch the Fed

Investors are closely monitoring inflation and central-bank policy as expectations for future interest-rate moves shift.

External source: Reuters Business

Internal: NewsNationOnline Sports | International News

Imran Siddiqui

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