Treasury Yields Rose &Nbsp; &Nbsp; The US Dollar Expanded On Wednesday.

Beijing time on the morning of December 16th, along with the United States

Earlier Wednesday, a number of US economic data showed that the outlook for the economy was improving. At the same time, the rating agency Moodie Investor Service announced that Spain's Aa1 class sovereign rating would be placed on the observation list, which did not rule out the possibility of downgrading the rating.

The dollar's whole day trend has gained a solid foundation.

Neuberger Berman, chief fixed income investment officer Brad Tank, said: "this problem will continue to last for a long time and will not disappear easily.

The general view of the market is that policymakers are always slow and the reaction is always inadequate.

At the close of the foreign exchange market, the US dollar index for tracking six major currencies was 80.23 points, or 1.09%.

The euro fell to 1.23% against the US dollar at 1.3213 US dollars, and the US dollar rose to 0.97% yen against the Japanese yen, while the British pound dropped 1.5538 to the US dollar at 1.5538 US dollars, down 1.45%.

Treasury bond prices fell on Wednesday afternoon, pushing the benchmark yield of 10 years to 3.56%.

This is the highest level of benchmark yield since May.

The rating agency Moodie Investor Service said earlier Wednesday that Spain's demand for refinancing in 2011 would be quite high, forcing Spain's fiscal pressure to become very unstable.

Considering that the possibility of a substantial increase in the proportion of public debt in Spain will lead to a much higher cost of capital restructuring than market expectations, Moodie has made a decision to re examine Spain's sovereign rating.

On the other hand, from Thursday, EU leaders will convene a new round of summit.

Investors are generally concerned that this round of meetings will bring a series of agreements on solutions to the fiscal problems in the European region.

RBC, a senior fixed income and currency strategy in capital market, said that "sustained pressure and tension require a permanent solution to release."

The focus of the market is gathered at the summit of EU leaders on Thursday, but now it seems that there is no sign of a forming plan.

At the same time, the dollar strengthened under the impetus of several favorable data.

Official data show that the US consumer price index in November only rose 0.1% moderately, while the manufacturing sector in New York also improved considerably.

The Ministry of Finance reported that in the mid - 10, foreign investors had net purchases of $27 billion 600 million in long-term assets.

As foreign investors expect the Federal Reserve to launch a new Treasury bond procurement program, the amount of investment a month earlier has increased significantly.

The Federal Reserve announced on Tuesday that the key interest rate remained unchanged, and it said it would continue to implement the $600 billion treasury bond procurement program, which was widely anticipated in the market. Meanwhile, the government report showed that retail sales in November had been greatly improved.

"Stronger than expected consumer spending levels and the rules of the Fed's interest rate decision will help the dollar recover from the currencies of the yen and the euro," Kathy lien, director of GFT monetary research, wrote in a report on Tuesday.

She believes that investors are "worried" about the impact of the bipartisan tax cuts and incremental programs on the US fiscal future.

Moodie warned earlier this week that if the plan is passed in the present form, the outlook of the US government's Aaa rating will be downgraded from the present stability to the negative in the next two years.

In other currencies, the Canadian dollar rose to 0.18% against the US dollar at 99.62 cents, while the Australian dollar declined by 1.40% to 98.46 cents.