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The Economic Times
The Economic Times
Anupam Nagar

Global markets defy bond turmoil as stocks stay near record highs

Global stock markets have remained surprisingly resilient despite a sharp rise in government bond yields, currency interventions, geopolitical conflicts, higher oil prices and growing concerns over the economic impact of artificial intelligence, Reuters reported.

The most widely tracked global equity indexes are now about 2% below their all-time highs and have gained more than 12% this year, adding roughly $3 trillion in market value during a volatile third quarter, Reuters reported.

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