European Stocks Close Higher as Oil Eases and Bond Yields Stabilize
European stock markets closed higher in Monday trading.
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Treasury Selloff Eases as Oil Drops & Stocks Climb - Asia Market Wrap
Global bonds began to stabilize in Asia after a sharp two-day selloff drove yields to multi-decade highs. The US 10-year Treasury yield slipped one basis point to around 5.19% after rising more than 20 bps over the previous two sessions, while the two-year yield eased to about 4.90%. Oil also pulled back, with Brent fa