Global Markets Rise as Oil Prices and Bond Yields Decline
Easing supply concerns and clearer signals from the Federal Reserve on future policy helped lift equities worldwide, according to Anadolu Agency.
Global stock markets advanced as oil prices and bond yields fell, according to a report by Anadolu Agency, the Turkish state-run news agency.
The report attributed the decline in crude oil prices to growing optimism that alternative oil routes could be found, even as military tensions persisted between Saudi Arabia and Yemen's Houthi group.
Anadolu Agency also cited a clearer outlook on the Federal Reserve's future policy roadmap as a factor that helped ease concerns among investors, contributing to the drop in bond yields.
The combination of falling oil prices and declining yields on government bonds appeared to support a broader rise in markets globally, the agency reported.
Anadolu Agency did not provide specific figures on the extent of the market gains or the percentage change in oil prices and bond yields in the excerpt reviewed.
Sources
- Global markets rise as oil prices, bond yields drop — Anadolu Agency (Turkey)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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