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NEWS Desk Global

OIL AND BOND YIELDS TRY TO FIND TOEHOLD


A look at the day ahead in U.S. and global markets from Mike Dolan With the more substantive of Federal Reserve Chair Jerome Powell's two appearances this week still to come, markets have stalled as the week's surprising plunge in oil prices and bond yields levelled off. A fresh fall in China's consumer prices stoked deflationary fears there again and the global economic demand picture is starting to drag on commodity prices everywhere and is helping to defuse October's blistering spike in long-term borrowing rates.

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