(Reuters) - NEW YORK, May 31 - The dollar rose to three-month
highs against the yen and ultra-safe U.S. government bond
prices fell on Thursday after a report showed solid business
activity in the U.S. Midwest, improving the outlook for the
economy.
The report on Chicago-area manufacturing in May, which
showed a revival at U.S. factories following a sluggish start
to the year, helped to push up the yield on the benchmark
10-year Treasury note to the highest since August 2006.
Read more at Reuters.com Bonds News
highs against the yen and ultra-safe U.S. government bond
prices fell on Thursday after a report showed solid business
activity in the U.S. Midwest, improving the outlook for the
economy.
The report on Chicago-area manufacturing in May, which
showed a revival at U.S. factories following a sluggish start
to the year, helped to push up the yield on the benchmark
10-year Treasury note to the highest since August 2006.
Read more at Reuters.com Bonds News
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