Dollar climbs to around 110 yen on higher U.S. Treasury yields

Source: Xinhua | 2018-05-11

The U.S. dollar climbed to around the 110 yen line Thursday in Tokyo amid the rise in 10-year U.S. bond yield overnight.

At 5 p.m. local time, the dollar was quoted at 109.93-95 yen compared with 109.70-80 yen in New York and 109.71-72 yen in Tokyo at 5 p.m. Wednesday. It moved between 109.64 yen and 110.02 yen during the day.