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FOREX-Dollar rises to 10-1/2-month peak, lifted by Treasury yield surge

September 28, 2021

“Yields are generally moving higher as rising inflation expectations weigh on the relative attractiveness of government bonds, but are climbing even faster in the United States as traders bet the Federal Reserve will move more quickly than its global counterparts,” said Karl Schamotta, chief market strategist at Cambridge Global Payments in Toronto.

Read the article here.