The U.S. dollar rose against most major currencies on Friday, lifted by an increase in U.S. bond yields overnight, while the pound dropped to its lowest in over a week. Government bonds, and particularly U.S. Treasuries, have become the focal point of markets globally. Traders have moved aggressively to price in earlier monetary tightening than …
The post Dollar strengthens as U.S. yields spike, pound falls to one-week low first appeared on Hellenic Shipping News Worldwide.
Author: Capt....