Dollar firms as Treasury yields rise, market talk says
U.S. dollar is rising and is supported by higher Treasury yields, according to Bannockburn Capital Markets’ Marc Chandler. The note also cites escalation in the Mi… as additional support.
1154 GMT - The U.S. dollar is rising, benefiting from higher Treasury yields. "It [the dollar] often does better when U.S. rates are rising unlike many of the other major currencies," Bannockburn Capital Markets' Marc Chandler says in a note.
Adding to the dollar's gains is the escalation of the Mi…