Stocks, Bond Yields Fall Amid Anxiety Over World Economy

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Investors' concerns about the global economy sent the Dow down around 450 points and the yield on the 10-year Treasury to 2.459%

Global stocks and bond yields slid Friday as weak manufacturing data deepened investors’ anxiety about the health of the world economy.

Major stock indexes have managed to rally this year despite a slowdown in the global economy, in part because central banks have signaled they will back off plans to normalize monetary policy for the foreseeable future.

 

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