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Turbulent Week in Financial Markets with Dollar Slipping and Treasury Selloff
Turbulent Week in Financial Markets with Dollar Slipping and Treasury Selloff
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The week in financial markets has been volatile, with Monday and Wednesday seeing significant swings. The dollar has slipped significantly, with the DXY down 3.7% from Wednesday and the euro reaching a three-year high against the USD. Treasury markets have also experienced a selloff, with the yield on the 10-year surpassing 4.5%. While those who bought the S&P 500 when prompted by the president are still in the green, other investments have not fared as well.
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