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EURUSD Tumbles as Global Bond Yields Surge and Dollar Rebounds | Reuters | Login to see the signal | |
European bond yields at multi-year highs on fiscal jitters, stocks stumbleSummaryLong-dated UK and French yields hit multi-year highs, fueling a dollar rebound that pressured sterling and the yen; gold briefly climbed to a record. Markets await key U.S. business and jobs data that will influence Fed rate-cut expectations. |
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