U.S. bond yields hit two-year high; emerging currencies slide

U.S. benchmark bond yields hit a two-year high near 3 percent on Monday and emerging market currencies from India to Indonesia tumbled as markets braced for the Federal Reserve to start withdrawing support for the U.S. economy. U.S. stocks were mixed, with large-cap tech shares lifting the Nasdaq…

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U.S. bond yields hit two-year high; emerging currencies slide

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