U.S. yields jump to 3-year highs, stocks slide on CPI outlook

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By Herbert Lash NEW YORK (Reuters) – Global stock markets fell on Monday, pulled lower by technology shares in Europe and on Wall Street, as U.S. Treasury yields jumped ahead of inflation data that could prompt the Federal Reserve to tighten policy enough to slow a rebounding economy. The euro rose against the dollar to snap a seven-day losing streak as the single currency rallied after French leader Emmanuel Macron beat far-right challenger Marine Le Pen in France’s first round of presidential voting on Sunday. The dollar held just below almost two-year highs against a basket of currencies an…

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