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Stocks shrug off US government shutdown, dollar dips

from Reuters

World stocks and U.S. bond markets on Monday shrugged off a government shutdown in Washington, although the dollar pulled back and wallowed near three-year lows as the euro resumed its strong start to the year. U.S. Treasury yields, which have tended to fall during previous government shutdowns, rose as investors saw limited economic fallout from the political standoff and focused instead on a global economy motoring ahead and U.S. inflation pressures. more


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