Global equity markets moved higher in late trading on Friday as investors responded to easing Treasury yields and a steadier appetite for risk across asset classes.

The modest gains reflected a market mood that improved after recent pressure from higher borrowing costs. Lower yields can make stocks more attractive relative to bonds, especially in sectors that are sensitive to interest-rate changes.

Trading also pointed to a broader rebound in sentiment, with markets outside the United States joining the advance. Even so, the move was measured rather than dramatic, suggesting investors remained cautious about the outlook for inflation, rates, and growth.

The session added to a pattern seen in recent weeks: markets continue to react sharply to shifts in yield expectations, with equity performance closely tied to how traders view the next move from central banks.