08-05-2015 12:26 via news.yahoo.com

Bonds and stocks rebound, sterling soars after UK election

World bond and stock markets rose on Friday after a bruising week and sterling jumped to a two-month high after the business-friendly Conservative party won Britain's national elections. Sterling was up 1.4 percent against the dollar and London's FTSE led equity markets with a 1.5 percent surge to help European shares rebound from two-month lows and wipe out what had looked like being a second week of losses. With more than 75 percent of the seats counted in the UK, the Conservatives w
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