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Forex: Dollar Soars as 10-Year Treasury Yield Hits Two-Month High

Zoran Vucev

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The US Dollar pushed higher in overnight trade, scoring gains versus all of its top counterparts. The move seems to have been a function of firming yield support for the benchmark currency. The yield on the benchmark US 10-year note rose bond trading reopened for the week having been offline Monday for the Veteran’s Day holiday, hitting two-month high at 2.785 percent. The push higher is likely reflective of follow-through on bets for

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