Dollar Hits 10-Month High, Yen Recovers From Early Dip
The dollar rose to a 10-month peak on Tuesday as a significant surge in U.S. bond yields boosted its appeal as an investment. The yield on the 10-year Treasury note jumped to 4.566% from 4.494%, its highest level since October 2007. The increase in yields, which move inversely to prices, came after Federal Reserve policymaker … Continue reading Dollar Hits 10-Month High, Yen Recovers From Early Dip
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