Dollar buoyant near 10-day peak, bolstered by higher U.S. yields


TOKYO (Reuters) – The dollar was buoyant near a 10-day peak on Friday, supported by Treasury yields that edged higher on expectations the U.S. inflation rate will rise.

FILE PHOTO: A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo

Short to long-term U.S. Treasury yields rose after U.S. consumer prices data on Thursday showed a steady buildup of inflation pressure that could allow the Federal Reserve to hike interest rates as many as four times in 2018. [US/]

The dollar index against a basket of six major currencies .DXY…



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