Flight to Safety Helps Boost U.S. Dollar and Treasuries

The U.S. Dollar rallied for the fifth straight day and equities fell for the fourth straight day as investors blew out of higher risk, higher yielding assets.

Equity markets fell sharply as traders are cashing in on the six-month rally on the perception that central banks may begin to pull out of their stimulus programs. A weaker than expected new home sales report also encouraged...