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Dollar gains as Trump tariffs lift Treasury yields
short by / on 16 Jul 2025,Wednesday
The U.S. dollar rose alongside Treasury yields on Wednesday, which in turn kept pressure on the yen after the latest U.S. inflation report showed signs that President Donald Trump's tariffs were beginning to feed into prices. That pushed the dollar and bond yields higher as investors pared back expectations of Federal Reserve interest rate cuts this year.
short by / 09:29 am on 16 Jul
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