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World equity markets slipped Thursday after the U.S. Federal Reserve dashed investor hopes of a more dovish policy outlook, worsening worries of a recession as signs grow that global economic growth is stuttering.BOND APPEALThe angst in equity markets saw investors flock towards the safety of government bonds.German 10-year government bond yields, the eurozone benchmark, fell to their lowest in nearly seven months. The 10-year U.S. Treasuries yield had earlier fallen as low as 2.750 percent -- a level last seen back in early April.The two-year U.S. yield stood at 2.656 percent, just 0.097 percent less than the 10-year yield.TOUGH YEAR FOR STOCKSThe equity losses added to the worst year for world stocks since the 2008 global financial crisis, with MSCI's 47-country world stocks index down 10 percent.
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