Bonds stabilize, sterling and FTSE soar after UK election
By Marc Jones LONDON (Reuters) - World bond and stock markets rose on Friday after a bruising week and sterling surged to a two-month high after the business-friendly Conservative party won Britain's parliamentary election. Sterling leapt 1.3 percent against the dollar and London's FTSE led equity markets with a 1.9 percent jump to help European shares rebound from two-month lows and wipe out what had looked like being a second week of losses. With almost all the seats counted in the U
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