(Reuters) - The dollar hit a two-month high against a basket of major currencies on Friday as soaring U.S. government bond yields enticed foreign investors, while a rise in risk aversion supported the yen.
The sharp rise in Treasury yields -- Thursday's move was the biggest one day jump in 10-year yields in over three years -- marked the first time since July 2006 that the entire yield curve was above 5 percent.
Read more at Reuters Africa
The sharp rise in Treasury yields -- Thursday's move was the biggest one day jump in 10-year yields in over three years -- marked the first time since July 2006 that the entire yield curve was above 5 percent.
Read more at Reuters Africa
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