(Bloomberg) -- The dollar surged to a more than two-
month high versus the euro and rose against the yen as European
and Asian stocks fell and global government bonds dropped.
The U.S. currency strengthened as Treasury yields soared to
the highest in more than five years. The yen fell as rising
global interest rates made it more profitable to borrow and sell
Japan's currency to purchase higher-yielding assets.
Read more at Bloomberg Currencies News
month high versus the euro and rose against the yen as European
and Asian stocks fell and global government bonds dropped.
The U.S. currency strengthened as Treasury yields soared to
the highest in more than five years. The yen fell as rising
global interest rates made it more profitable to borrow and sell
Japan's currency to purchase higher-yielding assets.
Read more at Bloomberg Currencies News
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