NEW YORK (Reuters) – Global stocks retreated on Friday as uncertainty over Europe’s festering debt crisis overcame an early bounce driven by better-than-expected U.S. consumer sentiment, while oil prices fell after weak data from China reduced demand expectations. Safe-haven government debt rose, with the yield on the benchmark 10-year U.S. Treasury note falling for the eighth straight week. Whether Greece can remain in the euro zone and concerns about the health of Spanish banks spurred buying. The euro retreated against the U.S. …

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