Saturday 19 November 2016

Markets mixed, bonds continue to fall

Markets were mixed on Friday.

The S&P 500 slipped 0.2 percent and the STOXX Europe 600 fell 0.4 percent.

Asian stocks were mixed. The Shanghai Composite Index fell 0.5 percent but the Nikkei 225 rose 0.6 percent.

Oil rose on Friday. Brent crude rose 0.8 percent while West Texas Intermediate crude rose 0.6 percent.

Bonds fell. The US 10-year Treasury yield rose 5.9 basis points to 2.337 percent to complete its largest two-week increase since November 2001.

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