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U.K. government borrowing costs climb to multi-year highs, adding strain to public finances, eToro strategist Lale Akoner says. Renewed inflation concerns and fiscal uncertainty ahead of the Oct. 28 U.K. budget are cited.
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool