Copper Slips as Dollar and Yields Rise, Virus Concerns Simmer
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Copper posted its first loss in four sessions as U.S. Treasury yields advanced and concerns over the coronavirus simmered.
The metal for three-month delivery fell 0.2% to settle at $9,356 a ton on the London Metal Exchange, after gaining as much as 0.5% earlier. A gauge of the dollar rose as much as 0.3% before paring gains, while the yield on 10-year Treasuries advanced three basis points.