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Dollar at three-month low as Treasury moves to soothe bond jitters
LONDON, Aug 20 : The U.S. dollar was pinned near a three-month low on Thursday after the Treasury Department moved to calm a bond market selloff that had pushed long-end yields to their highest since 2007, lifting risk sentiment and undercutting the currency.The dollar index, which measures the dollar against
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economictimes.indiatimes.com
Dollar hugs three-month lows as Treasury seeks to sooth the bond market
On Thursday, the U.S. dollar faced notable declines, approaching its lowest point in three months. In a bid to stabilize the bond market, U.S. Treasury disclosed plans to double…
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channelnewsasia.com
Asian stocks rally as US Treasury steps in to ease bond fears
HONG KONG: Asian markets rallied on Thursday (Aug 20) after the US Treasury said it would "at least double" the amount of long-term bonds to push down borrowing costs, after they…
