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American treasury yields subside

On Thursday, American treasury yields eased during Asian trade, as a week-long leapt, which followed Donald Trump's unexpected election win subsided further, thus helping Asian shares to earn and dragging the greenback off a more than 13-1/2 year high set overnight.

Japanese government bond profits also pulled back from multi-month peaks after the Bank of Japan conducted a special fixed-rate bond purchasing operation for the first time, thus firing a warning shot against excessive revenues moves.

The dollar index, assessing the greenback's actual value against a basket of main currencies, kept to 100.270, having risen to 100.570 overnight, its highest outcome since April 2003.

The dollar has edged up since Trump was elected president last week, as traders eyed the prospect of American interest rates ascending faster than previously expected because of his plans for an expansionary fiscal policy, which would stoke inflation.

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