the-trading
Dollar soars as U.S. yields spike; global shares divided
November 14, 2016 by publisher · Leave a Comment
By Marc Jones LONDON (Reuters) – The U.S. dollar hit an 11-month peak on Monday as the risk of faster domestic inflation and wider budget deficits if Donald Trump goes on a U.S. spending binge sent Treasury and other benchmark global bond yields ever higher. The pan-European STOXX 600 index rose 1.1 percent, underpinned by gains among banks on hopes higher interest rates will help their profits and mining companies, which have been cheering Trump's…
Read the original post:
Dollar soars as U.S. yields spike; global shares divided