The dollar and Treasury yields jumped on Wednesday after Federal Reserve officials jolted traders by suggesting an interest rate rise may be imminent even as markets remained on tenterhooks ahead of a looming speech by U.S. President Donald Trump. U.S. 10-year Treasury yields also climbed to 2.4203 on Wednesday. Nervousness about what details, if any, will be forthcoming have weighed on U.S. markets, with Wall Street posting losses on Tuesday. The dollar index, which tracks the greenback against a basket of trade-weighted peers, jumped 0.35 percent to 101.47 on Wednesday. The stronger dollar weighed on gold, which slid 0.2 percent to 1,245.74 an ounce, extending Tuesday's 0.3 percent decline.

Source: dna March 01, 2017 00:45 UTC