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Thirty-year bond yields rose as much as 6.029%, the highest since January 1998, while benchmark 10-year gilt yields were up 8 basis points at 5.510%, the highest since July 2007. That in turn weighed heavily on equities, and by 1145 BST, the FTSE 100 had tumbled 1% to 10,478.31. European stocks wer…
European stocks ended near flat while Brent climbed above $97, German Bund yields rose and Germany’s AfD won a major state-level vote, deepening political uncertainty.
The 30-year Treasury yield touched 5.33%, its highest since June 2007, while long-dated government yields also rose in Japan, Germany, France and the UK.
Micron's strong earnings and guidance boost tech sector, while a major earthquake hits Venezuela and big US banks pass Fed's stress tests