gained 0.20% after hitting a record high last week as relatively dovish central bank messages and the strong labor data in the United States added to optimism generated by a healthy earnings season on both sides of the Atlantic.
After some wild swings, Treasuries still managed to end last week with a rally, thanks partly to a huge drop in UK bond yields where short-dated debt enjoyed its best week since 2009 after the Bank of England skipped a chance to hike.The benchmark 10-year yield was up 2.1 basis points at 1.474% in morning trading.
Cryptocurrencies, which like gold pay no coupon and are seen as a possible hedge against inflation, saw ether hit a record peak and bitcoin jumping to a three-week high.
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