01-12-2016 23:10 via uk.news.yahoo.com

Brent at 16-month high, Treasury yields climb further

By Rodrigo Campos NEW YORK (Reuters) - Brent crude futures rose to a 16-month high on Thursday on the heels of OPEC's agreement a day earlier to cut oil output, while Treasury yields continued to climb following the weakest monthly performance for global bonds in almost 13 years. The benchmark 10-year U.S. Treasury yield jumped to its highest since July 2015 to start the month, after Bank of America Merrill Lynch's Global Broad Market Index fell 1.76 percent in November, its steepest monthly per
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