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Stocks little changed as oil prices pause climb but yields still near highs

Stocks little changed as oil prices pause climb but yields still near highs

Global bond yields hovered near multi-decade highs on Friday as high oil prices stemming from the Middle East conflict stoked concerns about inflation and rate hikes, while U.S. and European shares found little relief from this week's lows.

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Gold softens on prospects of Fed rate hikes

Gold softens on prospects of Fed rate hikes

Gold edged lower on Friday after falling 2% in the previous session, as Brent crude's move back above $100 a barrel stoked inflation concerns and strengthened the case for higher interest rates ahead of a Federal Reserve policy meeting next week.

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