Global equities notch third weekly gain; US yields up

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By Chris Prentice and Huw Jones NEW YORK/LONDON (Reuters) -Global equities rose on Friday, with the S&P 500 crossing the 5,000-point milestone, as U.S. inflation data raised expectations the Federal Reserve will cut interest rates this year, while closely watched U.S. Treasury yields rose. The greenback reversed earlier gains, falling 0.06%. Oil notched a gain for the week on worries over a

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