Yen Suddenly Drops to Five-Year Low as Treasury Yields Spike

(Bloomberg) — The yen dropped to its weakest level against the dollar in five years, as global growth optimism triggered a spike in U.S. Treasury yields and undermined the appeal of haven assets. Most Read from BloombergOmicron Cases Are Hitting Highs, But New Data Put End in SightPolice Pinpoint Starting Point of Historic Colorado WildfireU.S. Sets Global Daily Record of Over 1 Million Virus CasesIvanka Trump, Donald Trump Jr. Subpoenaed in Asset ProbeU.S. Catches Kremlin Insider Who May Have
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