New York, Dec 19, 2024 (AFP) - Global stocks mostly fall as US Treasury yields climb

NAMPA / AFP

2024-12-20

Global stocks mostly fell Thursday as markets digested fresh central bank decisions and a rebound effort on Wall Street faded while US Treasury bond yields climbed further. US indices bounced early in the day, but the attempted rally faded as the yield on the 10-year US Treasury note rose above 4.5 percent. The Fed on Wednesday lowered interest rates but signaled it expects fewer interest rate cuts in 2025. Thursday's move in stocks is "kind of a......

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