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Treasury yields hit 10-month high; global stocks extend 2018 rally

Reuters  |  NEW YORK 

By Caroline ValetkevitchNEW YORK (Reuters) - Benchmark U.S. Treasury yields hit a 10-month high on Tuesday after the Bank of Japan tweaked its bond-buying programme, while stocks in world indexes continued their flying start to the year.U.S. oil touched its highest since late 2014, while the yen hit a six-day high following the Bank of Japan's announcement that it will trim its purchases of Japanese government bonds.The move raised speculation Japan's central bank may wind down its monetary stimulus this year."We don't necessarily see this as a signal of impending policy change, but ...

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First Published: Wed, January 10 2018. 06:24 IST
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