GLOBAL MARKETS-Equities dip, bonds edge higher as infection rates rise – Yahoo Finance

GLOBAL MARKETS-Equities dip, bonds edge higher as infection rates rise – Yahoo Finance

By David Randall

NEW YORK, June 22 (Reuters) – Global equity benchmarks dipped and U.S. government bonds edged higher Monday as investors weighed rising coronavirus infections in parts of Europe and the United States with the expectations of more stimulus measures to support an economic rebound.

MSCI’s broadest index of shares across the globe has gained more than 40% since the March lows on hopes that the worst of the pandemic was over. A jump in Germany’s infection rate over the weekend was seen as unlikely to trigger a massive second wave or new lockdowns.

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