US dollar slumps as bidders show up to 20-year auction

<p>The bond market showed some life today with stronger-than-anticipated demand at a $13 billion, 20-year sale.</p><p>The result came after a big concession today but it's the first sign of buying interest in bonds since the initial Gaza attacks. As a result, the US dollar has slumped and stocks posted a big bounce.</p>

This article was written by Adam Button at www.forexlive.com.