Global Markets: Bonds reign supreme, equities struggle on recession, Brexit fears

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Global Markets: Bonds reign supreme, equities struggle on recession, Brexit fearsGlobal bond yields flirted with record lows while stocks struggled to recover on Thursday, as global recession worries from intensifying U.S.-China frictions and the spectre of a no-deal Brexit drove investors to safer harbours. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.38%, Singapore shares hit eight-month lows, while Japan's Nikkei shed 0.44%. Bond markets around the world painted a gloomier picture, with yields on 30-year U.S. Treasuries and 10-year German bunds yield both hitting record lows - 1.905 percent and minus 0.716 percent on Wednesday.


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