A gauge of the U.S. dollar’s strength climbed to its highest level in close to two years as Treasury yields continued to jump Friday, with traders bracing for an aggressive series of interest-rate hikes from the Federal Reserve. The Bloomberg Dollar Spot Index rose 0.4%, eclipsing the previous high for 2022 and reaching a level unseen since July 2020. The dollar advanced against most of of its peers, with some of the biggest gains coming against the Australian and New Zealand currencies. The dollar has been buoyed this year as expectations for tighter Fed policy pushes up Treasury yields, with those on 10-and 30-year ... (full story)