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Global stocks climb on trade optimism; Treasuries fall
Equities around the world rose on Monday while U.S. Treasury prices fell as risk assets were back in fashion after the United States shelved plans to impose tariffs on Mexico, easing worries about the impact of another trade war on the global economy. video The U.S. dollar gained against a basket of major currencies while the Mexican peso was on track for its biggest gain against the dollar since July 2018. The U.S.-Mexico trade and migration deal appeared to give investors a boost after a disappointing U.S. jobs report on Friday, sending U.S. government bond yields higher. “Trump’s walking back of potential ... (full story)