Stocks relieved at trade truce, bonds step back

Davos July 1, 2019 / 11:06 AM / Updated 36 minutes ago Stocks relieved at trade truce, bonds step back Wayne Cole 4 Min Read SYDNEY (Reuters) - Stocks rallied and bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute averted one threat to the global economy, leading investors to pare wagers on aggressive policy easing by the major central banks. A passerby walks past in front of a stock quotation board outside a brokerage in Tokyo, Japan, May 10, 2019. REUTERS/Issei Kato

SYDNEY (Reuters) – Stocks rallied and bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute averted one threat to the global economy, leading investors to pare wagers on aggressive policy easing by the major central banks. The dollar firmed modestly on the safe-haven yen as Treasury yields rose and futures […]

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