World Stocks at 1-Month High as Bond Yields Soften

World Stocks at 1-Month High as Bond Yields Soften
The London Stock Exchange Group offices are seen in the City of London, on Dec. 29, 2017. Toby Melville/Reuters
|Updated:

LONDON—World stocks climbed to a one-month high on Tuesday as a rally in technology shares and prospects of solid corporate earnings helped counter concerns about elevated inflationary pressures.

Oil prices took a breather from their eye-catching rise in recent weeks while the worrying trend of flattening global government bond yield curves paused, helping investors recoup some of their appetite for risky assets.