U.S. Treasury Yields – TOP DAILY NEWS

By Rae Wee and Greta Rosen Fondahn SINGAPORE (Reuters) -The dollar was on track for its greatest weekly efficiency given that early December on Friday, propped up by expectations that the U.S. economy will continue to outshine its peers worldwide this year and U.S. rate of interest will remain raised for longer. The greenback started the brand-new year on a strong note reaching a more than two-year high of 109.54 versus a basket of currencies on Thursday as it extended an outstanding rally from in 2015. A more hawkish Fed and a resistant U.S. economy have actually led U.S. Treasury yields to increase, triggering the dollar to charge greater. Paired with expectations that policies by U.S. President-elect Donald Trump will enhance development this year and possibly contribute to cost pressur...

By Chuck Mikolajczak NEW YORK CITY (Reuters) -Global stocks dropped for a 3rd straight session on Monday as the current bout of raised U.S. Treasury yields triggered profit-taking at the end of a strong year for equities. On Wall Street, all 3 significant U.S. indexes closed with sharp losses in a broad selloff, with each of the 11 significant sectors closing in unfavorable area led by decreases in customer discretionary stocks. The standard's current push above the 4.5% mark after the Federal Reserve on Dec. 18 indicated it would take a slower rate of interest cut course has actually sustained issues about raised stock exchange assessments. "The bond market has actually rather taken its hint from what's occurring in the equities market," stated Jim Barnes, director of set earnings at Bryn...

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Dollar set for finest week considering that November on United States rates, financial outlook

Stocks drop as raised yields weigh