The dollar fell 0.02% to 93.95 against a basket of currencies . It had earlier reached 94.17 as U.S. Treasury yields increased.
Yields on five-year bonds rose as high as 1.193%, their highest since February 2020, extending a two-week rising streak. Yields on 30-year U.S. bonds were only slightly higher, flattening the gap between five-year and 30-year debt US5US30=RR to its narrowest level since early 2020. Some market watchers are forecasting the Federal Reserve will need to increase interest rates sooner than previously expected to quell rising price pressures.Bitcoin last fell 0.15% to $61,448.06.Brent crude oil futures were down 62 cents or 0.7% at $82.26 a barrel after hitting $86.04, their highest since October 2018.
U.S. West Texas Intermediate crude were 12 cents higher, or 0.1%, at $82.40 a barrel, after hitting $83.87, their highest since October 2014.Additional reporting by Danilo Masoni in Milan, Karen Brettell and Sinead Carew in New York and Ross Kerber in Boston; Editing by Steve Orlofsky and Richard PullinSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global Investors Gain a New Way to Bet on Stocks in ChinaHong Kong started trading in futures tied to an index of stocks from mainland China, giving global investors a new tool for betting on Chinese markets There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about lisamiaBTC it has been a pleasure collaborating with you...there is no other way I can show my appreciation other than tweeting the good deed you have done Short
Source: WSJ - 🏆 98. / 63 Read more »
These 5 stocks reporting this week almost always beat the Street and trade higherNew for subscribers: These 5 stocks reporting this week almost always beat the Street and trade higher. Check out CNBCPro today. Pro We demand safety of Bangladeshi Hindus.✊ SaveBangladeshiHindu SaveHinduTemples SaveHumanRights SaveHindu savehindufestivals StopCommunalAttack SaveBangladeshiHindus BangladeshiHinduWantSafety WeDemandSafety WeDemandJustice SaveHindus BewareHindu SaveHinduBoys
Source: CNBC - 🏆 12. / 72 Read more »
From clean energy to health, Morgan Stanley picks India stocks set to see strong growthNew for subscribers: From clean energy to health, Morgan Stanley picks India stocks set to see strong growth. Check out CNBCPro today. Pro wow Pro For me adopting crypto currency has been smooth since I came in touch with 'Candice Stewart', she has been resourceful and going amazingly great. I make huge profit weekly off trading and top staking offers in the ecosystem, all thanks to CryptoStewart1
Source: CNBC - 🏆 12. / 72 Read more »