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Stockreport

Global stocks lower as U.S. yields climb, commodities drop [Reuters (UK)]

ALCOA (AA)  More Company Research Source: Reuters
Last alcoa earnings: 4/18 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
PDF Global stocks lower as U.S. yields climb, commodities drop | Reuters 4 Min Read NEW YORK (Reuters) - A gauge of global equity markets retreated on Monday as U.S. bond yields moved closer to the 3 percent level that has unnerved investors in recent months and a fall in commodity prices pressured materials stocks. U.S. bond prices fell, with the 10-year yield hitting its highest in over four years amid worries about the growing supply of government debt and accelerating inflation as oil and commodity prices have been rising in recent weeks. Benchmark 10-year notes US10YT=RR last fell 7/32 in price to yield 2.977 percent, from 2.951 percent late on Friday. “There are supply concerns. The auction sizes are getting bigger,” said Larry Milstein, head of agency and government trading at R.W. Pressprich & Co. in New York. Commodities came under pressure after the U.S. mulled sanctions relief for United Company Rusal Plc ( OKSAI.MM ) as it weighed the potential impact of such measures on Ame [Read more]

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