World equities waver as bond yields rise after ‘stunning’ U.S. jobs data, earnings

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Reuters UK

By Katanga Johnson WASHINGTON (Reuters) – Stock indexes around the globe traded mixed on Friday despite strong Amazon earnings, while gold prices slipped under pressure from a firmer dollar and higher U.S. Treasury yields as upbeat U.S. jobs data bolstered the case for Federal Reserve rate hikes. Earlier in the session, a sell-off in bonds briefly pushed Germany’s 5-year yield positive for the first time in four years after the European Central Bank was more hawkish than expected. Asian equities held firm overnight after better-than-expected earnings from Amazon, in contrast to the heavy selli…

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