Friday, June 8, 2007

GLOBAL MARKETS-Dollar races to 2-month peak, stocks up

(Reuters) - NEW YORK, June 8 - The dollar rallied to a
two-month high on Friday as U.S. government bonds slid, but
signs of calm following the previous session's bond market rout
helped spark a modest rebound on Wall Street.




The dollar's gains and rising yields on U.S. Treasury bonds
pushed gold, oil and other commodities sharply lower.


Read more at Reuters.com Bonds News

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