12-02-2018 22:47 via uk.news.yahoo.com

World shares rebound after worst week in two years

World shares rallied on Monday in a broad advance that brushed aside fresh rises in global bond yields driven up by the fear of faster inflation as investors shifted asset allocations and tried to put last week's worst rout in two years past them.The yield on U.S. five-year Treasury Inflation Protected Securities, bonds known as TIPS that are designed to protect against inflation, rose to its highest level since 2009.
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