Bond yield rise continues, stocks off early highs

By Chuck Mikolajczak NEW YORK (Reuters) - A rally in major world stock markets stalled on Thursday as investors reassessed positions after Tuesday's U.S. presidential election, while U.S. bond yields continued to climb on fears of a revival in inflation resulting from potential expansionary fiscal policy under President-elect Donald Trump. Investors have quickly shifted to a focus on Trump's priorities, including tax cuts, an increase in defense and infrastructure spending, along with bank dereg