Treasuries rallied with gold while U.S. stocks fluctuated, as investors sought haven assets amid turmoil in Ukraine and concern that slowing growth in China will hurt demand. Oil retreated as supplies climbed.
Emerging-market stocks declined to a one-month low, led by industrial and technology companies, on concern that a slowdown in China will hamper global economic growth. Russia’s ruble bond yields increased to a record.
Irish government bonds rose, pushing 10-year yields to a record low, as Europe’s most- indebted nations extend their access to funding markets that are thawing as the region’s four-year financial crisis abates.
Turkish government bonds fell, driving yields to the highest level in more than five years, and the lira weakened as opposition to Prime Minister Recep Tayyip Erdogan’s government spilled into the streets.