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World stocks head for weekly fall, yields at multi-decade highs as oil fuels inflation fears | live
By Stella Qiu and Shashwat Chauhan July 24 (Reuters) - World stocks were headed for a weekly loss and long-dated bond yields hovered around multi-decade highs on Friday, as a near-40% rise in oil prices this month due to the intensifying conflict in the Middle East ignited inflation fears and expectations for rate hikes around the globe.
By Stella Qiu and Shashwat Chauhan July 24 (Reuters) - World stocks were headed for a weekly loss and long-dated bond yields hovered around multi-decade highs on Friday, as a near-40% rise in oil prices this month due to the intensifying conflict in the Middle East ignited inflation fears and expectations for rate hikes around the globe.
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