Investors piling into tech and financial stocks helped equity funds attract $46.2 billion in their third-largest inflow on record in the week to Wednesday while inflation linked bonds also shone, BofA's weekly fund flow data showed on Friday.
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv. By Joice Alves. Sterling fell against a stronger dollar on Friday, retreating from a three-year high touched earlier this week, as a rout in global bond markets sent yields flying and hurt the pound, while the Bank of England warned of inflation risks.
* Euro zone yields fall, follow U.S. Treasuries lower. * German 10-year yield has shot up 25 bps in February. * Analysts say ECB intervention likely if yields rise further. * Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. By Tommy Wilkes.
* Australia 10-yr yields set for biggest monthly rise since 09. * US, UK 10-yr yields set for biggest monthly jump since 2016. * NZ yields flirt with biggest monthly rise since 94. By Dhara Ranasinghe.
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh. * Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv. By Joice Alves. Sterling fell against a stronger dollar on Friday, retreating from a three-year high touched earlier this week, as a rout in global bond markets sent yields flying and hurt the pound.
Bitcoin fell over 6% on Friday to its lowest in two weeks as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets. The world's biggest cryptocurrency slumped as low as $44,451 before recovering most of its losses. The sell-off echoed that in equity markets, where European stocks tumbled as much as 1.5%, with concerns over lofty valuations also hammering demand.
* Pound falls to over one-week low. * Bitcoin slips 5% * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E. By Ritvik Carvalho. The U.S. dollar rose against most major currencies on Friday, lifted by an increase in U.S. bond yields overnight, while the pound dropped to its lowest in over a week. Government bonds, and particularly U.S. Treasuries, have become the focal point of markets globally.
- European stocks fell on Friday as investors booked profits in high-flying technology shares due to concerns over rising inflation and interest rates on the back of a jump in bond yields. The benchmark European stock index was down 0.6%, paring earlier losses but still on track to record its first weekly fall this month.
* ECB watching yield surge - Lane. * U.S. 10-yr yields ease after spike to one-year high. * Australia's central bank tries to stem bond bleeding. * Asian shares ex-Japan hit one-month trough. * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E. * Dollar lifted by rise in yields. * Gold hits 8-month low. By Tom Arnold and Wayne Cole.
Bitcoin fell as much as 6% on Friday to its lowest in two weeks, as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets. The world's biggest cryptocurrency slumped as low as $44,451 before recovering some of its losses.
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