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Ceiling on U.S. yields keeps dollar at bay; stocks up

Ceiling on U.S. yields keeps dollar at bay; stocks up
HONG KONG (Reuters) – The U.S. dollar fell on Friday, struggling for support as a rapid rise in U.S. bond yields ebbed, while Asian stocks rose after two days of declines. Benchmark 10-year U.S. Treasury …
Read more on Reuters Finance News (EU) via Yahoo! UK & Ireland Finance

GLOBAL MARKETS-Ceiling on U.S. yields keeps dollar at bay; stocks up
* 10-year U.S. yield unable to reach 3.60 pct, backtracks to 3.44 * This December is typical for markets: messy and trendless * Advanced market stocks outperforming emerging in quarter HONG KONG, Dec 17 …
Read more on Reuters UK Focus via Yahoo! UK & Ireland Finance

Asian Stocks, Copper Decline Before European Debt Crisis Talks
Asian stocks and copper declined, while Treasuries snapped a two-day drop, before European Union leaders meet to discuss the region’s debt crisis and the U.S. publishes data that may show jobless claims rose.
Read more on BusinessWeek

Posted in Asia.

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