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05-15-2015, 03:34 AM
GLOBAL MARKETS-Shares set for weekly gain as bonds stabilise

[Reuters] - Global shares were on track for a weekly rise on Friday, with Europe following Asia higher, as bond-market jitters eased after a rollercoaster unwind of bets linked to the European Central Bank's stimulus plan. European bond yields were down across the board and top shares were in positive territory, with the pan-European FTSEurofirst 300 equity index up 0.4 percent, with traders pointing to a calmer end to the week after the Ascension Day holiday on Thursday and recent jumps in German yields. Some cautioned against reading too much into the relative market calm, however, with Credit Suisse saying bond yields would keep rising in the longer term as improving economic data and expectations of higher inflation pushed more investors to move out of traditional safe-haven assets.

GLOBAL MARKETS-Shares set for weekly gain as bonds stabilise - Yahoo Finance (http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/global-markets-shares-set-weekly-083101137.html)