Global shares rise as bond selloff eases before US jobs

News Snapshot:

LONDON, Oct 2 (Reuters) – Global shares rose on Friday as wild volatility in bond and currency markets eased ahead of key US jobs data that could shape expectations for the Federal Reserve’s next policy move. In Europe, longer-dated sovereign bond prices rose on the day, although those in more indebted countries, like France and Italy, lagged the gains in Germany, reflecting growing investor demand for protection against rising fiscal risks. The German 10-year yield, the euro zone benchmark, was down 6.5 basis points on Friday, as investors preferred the relative safety of German bonds compared to their euro zone…

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