(Bloomberg) -- The dollar surged to a more than two-
month high versus the euro and rose against the yen as Asian
stocks fell and global government bonds dropped.
The U.S. currency strengthened as benchmark Treasury yields
rose as high as 5.25 percent. The yen fell as rising global
interest rates made it more profitable to borrow and sell
Japan's currency to purchase higher-yielding assets.
Read more at Bloomberg Currencies News
month high versus the euro and rose against the yen as Asian
stocks fell and global government bonds dropped.
The U.S. currency strengthened as benchmark Treasury yields
rose as high as 5.25 percent. The yen fell as rising global
interest rates made it more profitable to borrow and sell
Japan's currency to purchase higher-yielding assets.
Read more at Bloomberg Currencies News
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