Global shares edge back on high equity valuation concerns
High sovereign bond yields and rising Covid-19 cases have investors hanging back, and as the dollar remains under pressure
20 April 2021 - 11:28
London/Hong Kong — Global shares edged further back from record highs on Tuesday as lofty sovereign bond yields and rising global Covid-19 cases had investors questioning high equity valuations.
With bond yields at elevated levels, the dollar remained under pressure, hitting its lowest in nearly seven weeks during the Asian session...
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