Markets News
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The dollar touched a one-month high against the yen as the extra yield investors receive from U.S. securities rose to the most in three months.
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Canada’s dollar climbed to the highest level since May versus its U.S. counterpart, trading stronger than parity for a ninth day, amid speculation North American economic growth will sustain the nation’s exports.
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Bridgewater Associates, the world’s biggest hedge fund, agreed to build a $750 million headquarters in Stamford, Connecticut, financed in part with tax breaks from the state.
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Treasuries fell, sending 10-year yields toward the highest in almost three months, as signs of improvement in the U.S. economy damped speculation the Federal Reserve will expand monetary stimulus as soon as next month.
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