Global stocks rise, dollar falls as Fed rate path reassessed

Posted on the January 13th, 2014 under Business News by admin

People walk past an electronic information board at the London Stock Exchange in the City of LondonBy Natsuko Waki LONDON (Reuters) – World stocks rose towards a six-year high on Monday and the dollar and bond yields slipped as last week's weak U.S. jobs data strengthened the case for the Federal Reserve to keep interest rates low for longer. The 10-year U.S. yield was stable at 2.8635 percent, slightly above Friday's lows.



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