Bonds enjoy Fed rate cuts talk, dollar falls

By Tom Wilson and Tom Westbrook
Updated November 29 2023 - 10:00pm, first published 9:47pm
The dollar was last down 0.1 per cent against the yen after traded at its lowest since September 12. (AP PHOTO)
The dollar was last down 0.1 per cent against the yen after traded at its lowest since September 12. (AP PHOTO)

Treasury yields and the dollar have hit multi-month lows after a US Federal Reserve official made fresh hints of interest rate cuts, while stocks were mixed globally.

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