NEW YORK/ LONDON, Aug 6 - Equities around the world were attempting a comeback on Tuesday after the previous day's aggressive selloff while Treasury yields rose and the dollar was slightly higher as central banker comments countered recession fears.
Late on Monday San Francisco Fed President Mary Daly said the jobs report leaves"a little more room for confidence that we're slowing but not falling off a cliff". But she said it was"extremely important" to keep the jobs market from falling over. "You want to make sure it doesn't turn into a recession, that we're not slowing too quickly. But thus far the economic data this year is not recessionary."
The dollar recovered a little against most major peers and the Japanese yen steadied around 7-month highs against the U.S. currency as some of the more striking moves of recent days reversed somewhat, and a semblance of calm returned to markets.
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