LONDON: Demand for safe-haven assets kept German and U.S. Treasury debt yields near record lows on Thursday, as worries over Spain and its troubled banks kept markets nervous, although shares and the euro regained some stability.
The single currency and world shares are poised for their biggest monthly drops since last September, while the oil price fall in May is set to be the largest for two years, as the escalation in the euro-zone crisis stokes concerns over its impact on the global economic outlook.
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