Stocks, bonds rally on U.S. jobs data; sterling jumps
By Richard Leong NEW YORK (Reuters) - An April rebound in U.S. jobs growth boosted Wall Street and supported the dollar on Friday, while a surprise Conservative victory cast away fears of a hung British Parliament and sparked a rally in sterling and European stock markets. Global bond markets recovered for a second day, focusing on weak aspects of the latest U.S. jobs report, which may cause the Federal Reserve to be even more cautious toward ending its near- zero interest rate policy later this
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