Global equities slip as recession fears rise

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Global equities slip as recession fears rise

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Europe’s regional Stoxx 600 equity gauge opened 0.9 per cent lower, following a 16 per cent drop in the past six months.

In government bond markets on Friday, the yield on the benchmark 10-year US Treasury note was flat at 2.96 per cent.

Investors have herded out of risky assets in recent months after a surge in global inflation driven by delay to supply chains during the coronavirus pandemic.

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Article Details

Author / Journalist: Naomi Rovnick

Category: MarketsFinanceInvesting

Topics: Friday First Equities Fell Global Inflation Months Financial Year Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 07:28:46

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 4 minutes read

Article Length: 617 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 24577

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