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The spread between 5 and 30-year bonds fell to its lowest level since November 2007, following expectations for a stricter monetary policy worldwide. This has prompted investors to sell short-term government bonds.
The Dow blue chip index added momentarily over 120 points, reaching a new record high.
The dollar rose for the fifth consecutive day, supported by the rise in US bond interest rates. The dollar index added 0.1% to its value.
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