GLOBAL MARKETS-Stocks jump, Treasury yields soar on news of U.S.-China trade talks

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GLOBAL MARKETS-Stocks jump, Treasury yields soar on news of U.S.-China trade talks

Stocks worldwide hit one-month highs and U.S. Treasury yields surged on Thursday as renewed U.S.-China trade optimism and upbeat U.S. economic data boosted risk appetite and lured investors away from safe-haven assets. The announcement that top negotiators from the United States and China will meet in early October in Washington raised hopes of a possible resolution to the two countries' brutal trade war that has shaken markets and wreaked havoc on the global economy. The news built on Wednesday's tide of optimism after the British parliament blocked a no-deal exit from the European Union and Hong Kong scrapped the extradition bill that sparked riots.

https://finance.yahoo.com/news/global-markets-stocks-jump-treasury-180303295.html?.tsrc=rss
 
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