Dollar Trades Around Two-Week High As U.S. Bond Yields Surge

CURRENCY - LONDON. The dollar held steady on Thursday after rising to a two-week high as a rout in U.S. Treasuries pushed up yields, boosting the currency's allure.

The index tracking the U.S. currency against its major peers climbed to 105.18 overnight, the highest since May 14, and was slightly lower at 105.05 in early European trading.