U.S. Treasury yields subside, take dollar off 13-and-a-half year peak, Asian stocks steady
U.S. Treasury yields eased in Asian trade on Thursday as a week-long surge that followed Donald Trump's shock election win subsided further, helping Asian stocks gain and dragging the dollar off a more than 13-1/2 year peak set overnight. Japanese government bond yields also pulled back from multi-month highs after the Bank of Japan conducted a special fixed-rate bond buying operation for the first time, firing a warning shot against excessive yield moves. The dollar index, which measures the gr
Read more »