Dollar rises to three-month high as US 10-year yield stays above 3%

pulse

April 25, 2018 9:13 PM

The dollar resumed its rally, hitting a three-month high after a slight pause Tuesday. The greenback has risen nearly 2% on the Dollar Index since late January.

Stocks closed mixed Wednesday, paring losses from a tech selloff earlier in the day. A rising 10-year Treasury yield lifted the dollar to its highest level since January.

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