Tokyo — Global stock prices inched higher while US bond yields hovered near a 13-month peak on Monday as investors bet US economic growth will accelerate after the $1.9-trillion stimulus bill President Joe Biden signed into law last week.

A rollout of Covid-19 vaccinations in the US and some other countries stoked a bullish mood on risk assets even as investors become wary of key central bank policy meets later in the week, including the US Federal Reserve’s...

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