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Sun 4 Dec 2016 01:16 PM

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Video: OPEC deal a win-win?

Oil sweeps to a six-week high after OPEC agrees to cut crude output to clear a glut.

Video: OPEC deal a win-win?
(Herbert Neubauer/AFP/Getty Images)

Bond yields also rose on prospects that resulting inflationary pressures will lead to higher interest rates.

(Source: Reuters YouTube channel)