(Reuters) - South African stocks fell on Friday on concerns of rising global and domestic inflation that investors feared could drive interest rates higher and undermine corporate profitability.
The shares were spooked by U.S. Treasury yields rising to their biggest one-day surge in three years, unnerved by concerns that interest rates around the world are heading higher.
Read more at Reuters Africa
The shares were spooked by U.S. Treasury yields rising to their biggest one-day surge in three years, unnerved by concerns that interest rates around the world are heading higher.
Read more at Reuters Africa
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