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Dollar edges up as yields spike, yen sinks, stocks come under pressure

Dollar edges up as yields spike, yen sinks, stocks come under pressure

Global Market Insights - Forex, Futures, Stocks

June 7, 20225m 38s

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Bond selloff gathers steam ahead of large Treasury auction, pushing yields higher. Surprise big rate hike by RBA adds to jitters about rising borrowing costs, stocks slip. Dollar climbs as yen tumbles, pound plunges too as Johnson’s woes not over.

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