Stocks gain, U.S. short-dated debts under pressure after bumper U.S. jobs data

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By Omosebi in News
Updated 3 years ago

Global stock prices rose to a 1 1/2-month high on Monday after data showing a surge in U.S. employment while short-dated U.S. bonds came under pressure on worries the Federal Reserve may bump up interest rates sooner than it has indicated.

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