Economy fears dent global shares, bonds rally

A trader watches screens at his desk at the Frankfurt stock exchangeNEW YORK (Reuters) – Fears about the world economic outlook hurt global shares on Thursday as the euro fell to a new two-year low and investors pushed into safe-haven U.S. government bonds. U.S. debt yields neared historic lows as prices extended gains in the afternoon after the sale of $ 13 billion (8.42 billion pounds) of reopened 30-year Treasury bonds brought a record low auction yield. Jitters about what the euro zone crisis and softer economy will mean for company profits bruised Wall Street, though stocks came off their lows as the benchmark S&P 500 index found technical support. …



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