Global stocks dip as US yields hit 2007 highs
Global equities edged lower on Tuesday as rising oil prices and mounting rate hike expectations pushed US Treasury yields to their highest levels since 2007. Investors focused on upcoming central bank decisions.
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Global equities slipped during Tuesday morning trade following a prior session selloff, while United States Treasury yields touched their highest level since 2007. Markets grappled with Brent Crude Oil prices holding firmly above $105 per barrel amid escalating Middle East tensions.
