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Global markets: Treasury yields slip on U.S. inflation data, stocks up

Reuters  |  NEW YORK 

By Sinead CarewNEW YORK (Reuters) - Treasury yields slipped on Friday after muted underlying U.S. inflation data offset higher gasoline prices and strong retail sales while the U.S. dollar regained ground lost earlier in the day but was still set for its worst week in five.Stocks on major world markets, however, hit their fourth record high in a row, with Wall Street moving higher as some investors bet the inflation data could curb future interest rate hikes while others eyed trade discussions and retail data.U.S. consumer prices recorded their biggest increase in eight months in September as ...

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First Published: Sat, October 14 2017. 02:04 IST