LONDON/SINGAPORE—Global shares rose on Tuesday, after the rescue of Credit Suisse arrested a rout in bank stocks, but signs of stress in the financial system are making investors wonder if another lender may deliver a nasty surprise, and how central banks might respond.
The Federal Reserve begins a two-day meeting later in the day and after a wild few sessions, U.S. interest rate futures pricing implies that a peak in rates is either imminent or has already been reached.