The dollar rose to the highest in five months versus the euro as an increase in short-term U.S. Treasury yields signaled mounting speculation that Federal Reserve Chair Janet Yellen will need to raise interest rates. The correlation between dollar-yen and Treasury two-year yields rose to the highest since March before data today that economists said will show inflation held at the fastest pace since 2012. Australia’s dollar strengthened after Reserve Bank Governor Glenn Stevens chose not to add to his recent comments on the strength of the Australian dollar at a speech today. Indonesia’s rupiah weakened from a ... (full story)