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Global Markets: Bond yields rise, oil prices drop as Syria fears ebb

Reuters  |  LONDON 

By Abhinav RamnarayanLONDON (Reuters) - Oil prices fell sharply and government bond yields rose on Monday on the view that this weekend's U.S.-led missile strikes on Syria were unlikely to mark the start of a broader conflict.Saturday's strikes marked the biggest intervention by Western countries against Syrian President Bashar al-Assad and his ally Russia, which is facing further economic sanctions over its role in the conflict."There is a feeling (in the market) that there will be no follow-up action," Rabobank fixed income analyst Lyn Graham-Taylor said.European shares eased, however, ...

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First Published: Mon, April 16 2018. 20:17 IST
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