Investment Figures Of The Week
COMMENTARY The yen and the dollar battled it out in the currency markets--and even with central bankers on its side, the greenback lost. The dollar eventually slipped below 100 yen and on June 29 closed at 98.8 yen, a historic low. The slide of the dollar triggered another wave of selling in the U.S. financial markets. Small-cap stocks took a much harder drubbing than the larger company stocks. Bonds plunged again, with the yield on the 30-year Treasury bond jumping to 7.51%.
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