Global markets rallied on Monday after the US Senate took the first step to end the longest government shutdown in history on Sunday night in Washington.
The Stoxx Europe 600 index rose 1.2 per cent in early trading, and Germany’s Dax was up 1.5 per cent. US futures tracking the S&P 500 and Nasdaq 100 indices rose 0.9 per cent and 1.5 per cent, respectively.
Government bonds slipped as investors moved back into riskier assets. Yields on 10-year US Treasuries, which move inversely to the price, rose 0.05 percentage points to 4.14 per cent.
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