Global markets steadied on Thursday, with US equity futures and bonds trading slightly weaker as investors looked ahead to data on the labor market. Contracts on the S&P 500 dipped 0.3% and the yield on 10-year Treasuries edged up to 4.74%. The dollar was steadied, while West Texas Intermediate crude held around $84 a barrel. Investor sentiment remains fragile after wild moves across markets this week driven by US bond yields, the reference rate for the global cost of capital, soaring to multi-year highs. Weekly US jobless claims data is due later today, and the monthly payrolls report will be […]
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