Friday, June 8, 2007

GLOBAL MARKETS-Dollar hits 2-month high, bonds rebound

(Reuters) - NEW YORK, June 8 - The dollar jumped to a
two-month high on Friday as an earlier spike in U.S. government
bond yields lured buyers seeking higher returns, but signs of
calm on the Treasury market sparked a rebound on Wall Street.




The dollar's gains and rising bond yields pushed gold, oil
and other commodities sharply lower.


Read more at Reuters.com Bonds News

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