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GLOBAL MARKETS-Shares dip and bond yields rise as Waller dents pivot hope

News Snapshot:

A gauge of global stocks eased on Monday after scoring its biggest weekly percentage gain in two years last week and U.S. bond yields rose as a Federal Reserve official dampened hopes the central bank may be close to pausing its tightening path. Equities rallied last week and U.S. Treasury yields tumbled after consumer price data indicated stubbornly high inflation may finally be starting to slow. But Federal Reserve Governor Christopher Waller said on Sunday that though the central bank may consider slowing the pace of rate increases at its next meeting, that should not be taken as a "softening"…

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