27-10-2016 21:22 via news.yahoo.com

British data prompts global bond selloff; oil rises

By Hilary Russ NEW YORK (Reuters) - Strong growth data out of Britain prompted the worst daily selloff in government bond for months and pushed yields on the world's benchmark bonds higher on Thursday, as expectations eased for a Bank of England interest rate cut. In the United States, equity losses led by Comcast and consumer discretionary stocks offset gains in the healthcare sector, while European stocks slid and the U.S. dollar advanced against the Swedish crown and Japanese yen. Official da
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