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Global Markets on Edge as North Korea Rattles Asia, Bond Yields Unsettle Bulls

May 16
17:04 2018

North Korea’s threat to scrap its June summit with Trump rattles Asia markets. Global stocks fell for the second consecutive session Wednesday as investors reacted to news that North Korea may cancel a planned summit with the the United States and government bond yields traded at multi-year highs amid renewed bets of faster inflation and quicker rate hikes from the Federal Reserve. North Korea’s threat to pull out of the June 12 meeting with President Donald Trump in Singapore, however, appeared to be the linchpin for investors to pull back from global stock markets in order to reassess the range of geopolitical risks around the world.

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