GLOBAL MARKETS-U.S. stocks rebound as bond yields fall

(Reuters) - NEW YORK, June 13 - U.S. stock rebounded on
Wednesday as benchmark bond yield increases abated and a report
showed strong consumer spending.




Ten-year government note yields that govern consumer and
corporate borrowing costs declined, damping concerns that the
rates would curb economic growth and hurt corporate profits.
The yield had risen more than 0.5 percentage point since
April.


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