Dollar Falls More Than 1% Versus Japanese Yen, Treasuries Rally

(Bloomberg) -- The dollar slid versus haven counterparts including Japan’s yen as stock declines drove investors into the safest assets. 

The greenback fell as much as 1.1% to 126.48 yen as of 9:57 a.m. in New York. Yields on U.S. Treasuries from two to 10 years slumped more than 10 basis points. 

The U.S. currency’s decline comes as the S&P 500 Index extends losses.

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