GLOBAL MARKETS-Stocks struggle on mixed earnings and data signals

Shares around the world fell and U.S. Treasury yields lingered near 5% on Thursday as investors digested mixed U.S. economic and corporate signals. The unexpected strength of the U.S. economy has been a factor in the selloff in the U.S. Treasury market, and the benchmark 10-year yield last stood at 4.887%, down 6.6 basis points on the day but still not far below 5.021%, the highest level since 2007 hit earlier in the week. Quincy Krosby, chief global strategist at LPL Financial in Charlotte, said U.S. economic growth has prompted market concerns that the Fed may need to increase interest rates again before the end of the year to quell inflation.