World stocks rebound; Treasury yields retreat after Fed, BoE
Global shares rose and US Treasury yields fell after the Fed’s rate increase and expectations of further central-bank action, with the BoE also in focus.
Global shares rose and Treasury yields fell on Thursday after the US Federal Reserve raised interest rates, with markets also looking ahead to what is expected to be a similar move by the Bank of Japan on Friday as central banks deal with rising inflation. Stocks fell on Wednesday after the Federal Reserve decision.