U.S. Dollar Regains Ground Amid Jump In Bond Yields : vimars

U.S. Dollar Regains Ground Amid Jump In Bond Yields


U.S. Dollar Regains Ground Amid Jump In Bond Yields
WASHINGTON (dpa-AFX) - After trending lower over the past few sessions, the value of the U.S. dollar has shown a modest move back to the upside during trading on Friday.
The U.S. dollar index has pulled back after reaching a high of 91.96 but is currently up 0.2 percent at 91.64.
The greenback is trading at 109.04 yen versus the 108.51 yen it fetched at the close of New York trading on Thursday. Against the euro, the dollar is valued at $1.1956 compared to yesterday's $1.1986.
The increase in the value of the dollar comes amid a jump in bond yields, with the yield on the benchmark ten-year note surging back above 1.6 percent to its highest levels in over a year.

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