Oil rises on weak dollar, Treasury yields hit five-week high ahead of FOMC

By Dion Rabouin NEW YORK (Reuters) - The dollar fell on Tuesday after weaker-than-expected U.S. economic data boosted expectations the Federal Reserve would hold interest rates lower for longer, while U.S. Treasury yields touched five-week highs as traders made room for government debt supply ahead of the central bank's policy statement. Tuesday's economic data "plays into the idea that the Fed need not be in any rush to raise rates," said Richard Franulovich, senior currency strategist at Westp