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GLOBAL MARKETS-Shares fragile, U.S. yields creep up after U.S. budget deal
Global share markets remained shaky on Thursday as U.S. bond yields crept up towards four-year highs after U.S. congressional leaders reached a two-year budget deal to raise government spending by almost $300 billion. While the deal was a rare display of bipartisanship that should stave off a government shutdown, it looks set to widen the U.S. federal deficit further, and could fan inflation worries and prompt the Fed to raise interest rates faster.
https://finance.yahoo.com/news/global-markets-shares-fragile-u-071420258.html?.tsrc=rss
Global share markets remained shaky on Thursday as U.S. bond yields crept up towards four-year highs after U.S. congressional leaders reached a two-year budget deal to raise government spending by almost $300 billion. While the deal was a rare display of bipartisanship that should stave off a government shutdown, it looks set to widen the U.S. federal deficit further, and could fan inflation worries and prompt the Fed to raise interest rates faster.
https://finance.yahoo.com/news/global-markets-shares-fragile-u-071420258.html?.tsrc=rss
