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Maroc Maroc - WN.COM - Business - 15/May 19:13

Global indexes fall as bond yields rise

Global equity indexes fell on Friday while bond yields soared as investor euphoria over tech stocks gave way to inflation fears and traders increased their bets that the Federal Reserve will hike interest ‌rates this year. Markets were ​spooked by the prospect of escalation in the Iran conflict after US President Donald Trump said his patience with Tehran was running out. Oil prices rose, with Brent crude futures rising more than 2 per cent on the day.Dublin The Irish market ended the week 1.5 per cent lower, with declines in financial stocks weighing on the market. Insurer FBD was down 1.5 per cent by the close of the session, while Bank of Ireland shed 1.7 per cent. AIB fared slightly...

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