14-12-2016 23:04 via news.yahoo.com

U.S. bond yields, dollar gain, stocks fall after Fed rate hike

By Caroline Valetkevitch NEW YORK (Reuters) - Yields on shorter-dated Treasuries hit their highest levels in more than five years on Wednesday while the dollar rose to its highest against the yen in 10 months after the U.S. Federal Reserve raised interest rates and signalled a faster pace of hikes in 2017. Wall Street stocks ended a volatile session with their biggest percentage decline since before the Nov. 8 U.S. presidential election, while gold prices hit a 10-month low. As expected, the Fed
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