


| Dollar holds firm as U.S. bond yields jump |
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The yield on 10-year U.S. debt US10YT=RR, which rises when bond prices fall, made its steepest gain in two months on Tuesday ahead of the largest ever 10-year auction later on Wednesday. [US/] That triggered a wave of gold selling, which deepened in Asia, and it has pressured the yen as better returns on U.
Posted: 2020-08-12 07:13:00
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