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Global political tensions flatten yields, roil stocks

Reuters  |  NEW YORK 

By Nick BrownNEW YORK (Reuters) - Simmering political tensions roiled stocks and bonds across the globe on Wednesday, with U.S. yield curves continuing to flatten and stock markets losing ground as industrial companies took a beating.Despite strong economic data out of China and the United States this week, stock markets could not shake a hangover from Tuesday's news that U.S. President Donald Trump was looking to impose tariffs on up to $60 billion of Chinese imports.Trump also spooked investors on Tuesday by firing Secretary of State Rex Tillerson, who was viewed as a supporter of free ...

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First Published: Thu, March 15 2018. 02:26 IST