World stocks rebound as Treasury yields retreat after Fed, BoE
Global shares rose and Treasury yields fell after the Federal Reserve’s rate increase, with traders also looking ahead to expected similar moves by the Bank of Japan and related central-bank decisions.
Global shares rose and Treasury yields fell on Thursday after the US Federal Reserve raised interest rates and as the Bank of Japan is expected to make a similar move on Friday, with central banks around the world facing rising inflation. Stocks had fallen on Wednesday following the Federal Reserve move.