World stocks were shy of a three-month high as optimism on economies opening up shrugged off worries over riots in the U.S., and unease over Washington’s power struggle with Beijing
Signs of a rebound from the global coronavirus lockdown helped bolster global equities and push safe haven assets lower. France’s manufacturing activity rose in May as the country began to emerge from a nearly two-month coronavirus lockdown, pulling the sector out of a nosedive that had seen activity hit a record low a month earlier, a survey showed on Monday.
Benchmark 10-year notes US10YT=RR last fell 10/32 in price to yield 0.677%, from 0.644% late on Friday. FILE PHOTO - The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February March 9, 2020. REUTERS/Staff A weekend of violent U.S. protests over race and policing could present another setback for the economy which was only just emerging from the steepest economic downturn since the Great Depression.
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