Dollar hits new highs as yields spike after Trump win

By Dion Rabouin NEW YORK (Reuters) - The dollar rose across the board and hit its highest in nearly four months against the Japanese yen on Wednesday, as U.S. Treasury debt yields touched multimonth highs following Republican candidate Donald Trump's victory in the presidential election. Prices fell on benchmark 10-year Treasury notes and 30-year bonds, pushing yields to their highest levels in 10 months, as investors expected Trump to enact protectionist trade policies that would put upward pre