U.S. dollar rallies on rising Treasury yields

NEW YORK, Dec. 4 (Xinhua) --The U.S. dollar index increased in late trading on Monday, largely driven by a sour market mood and rising U.S. bond yields.

The upward momentum of the U.S. Treasury yields on Monday led to material growth in yields for the 12-month to 10-year period, consequently strengthening the U.S. dollar.