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Global Markets: U.S., European yields poised for weekly rise; oil up

Reuters  |  NEW YORK 

By Dion RabouinNEW YORK (Reuters) - Bond yields in the United States and Europe were poised for big weekly gains on Friday, weighing on major equity markets, while oil prices extended their rebound into a seventh session but were still set to post their worst first half since 1998.The dollar was headed for its worst quarter in seven years against a basket of currencies. Expectations for stronger economic data in Europe and rate tightening at central banks around the globe has knocked the greenback from its perch, pushing it 4.7 percent lower for the April-June quarter, the worst performance ...

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First Published: Fri, June 30 2017. 21:18 IST