Ammon News - U.S. and European stock markets found only scattered relief from ​this week's lows as oil prices pulled back on Friday, but global bond yields stayed near multi-decade highs as concerns ‌over inflation and rate hikes continued.

News that U.S. President Donald Trump's administration will impose higher tariffs on goods from 60 trading partners did not help the inflation picture, with 30-year Treasury yields near their highest since 2007 and German 10-year Bund yields — the benchmark for the euro zone — holding close to their highest since 2011.

Wall Street stocks were mixed, with the Dow ​Jones Industrial Average (.DJI), opens new tab up 0.46%, the S&P 500 (.SPX), opens new tab little changed and the Nasdaq Composite (.IXIC), opens new tab down 0.64%.



Reuters