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Live News GEOPOLITICS ARTICLE M impact

Yen jumps versus dollar as US yields ease; stocks rise

Stocks mostly rose Wednesday and US yields eased. The Japanese yen rose sharply against the U.S. dollar, though the immediate driver was not clear.

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By Caroline ValetkevitchStock indexes mostly rose on Wednesday after three days of declines as investors watched for new developments in the U.S.-Iran conflict, while the Japanese yen rose sharply against the U.S. dollar.It was not immediately clear what prompted the yen move.

The currency had retr…