The dollar rose against a basket of currencies to Yields on the year Treasury rose a bit to 1.
Treasury yields have gone up quite dramatically and have been supportive of the dollar," Simpson said. The overnight flight to safety got an additional nudge when Treasury Secretary Janet Yellen told lawmakers that future tax increases will be needed to pay for infrastructure projects and other public investments. Euro zone business activity unexpectedly grew this month, a preliminary survey showed, but with much of Europe suffering a third wave of coronavirus infections and renewed lockdown measures, that may not last through April.
IHS Markit's flash composite PMI, seen as a good guide to economic health, climbed above the 50 mark separating growth from contraction, to First, the U. Let's reshape it today. TomorrowMakers Let's get smarter about money. Corning Gorilla Glass TougherTogether.
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Bond market watching for ongoing Fed reassurance on purchases Yields spiked to month highs this month after Democrats won control of the US Senate, increasing bets on higher fiscal spending, rising inflation and possibly a faster economic recovery. All News Videos Photos.
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