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Slide in US Dollar, Bond Yields Fuels Rally

Mount Equity Group Tokyo Japan > News > Markets > Slide in US Dollar, Bond Yields Fuels Rally
  • US stocks kicked off October with strong gains as all major market indices jumped over 2%.
  • The surge came amid a decline in the US dollar and a slide lower in bond yields.
  • The rally was initially sparked by the UK government’s reversal of its tax-cut proposal.

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US stocks soared on Monday, kicking off the new…

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