SATURDAY23SEPTEMBER/SUNDAY24SEPTEMBER2023AsiaeditionMARYMCDOUGALLANDKATIEMARTINLONDONThedollarclimbedtoasix-monthhighyesterday,cappingaweekwhenbothUSstockandbondmarketsweakenedandinvestorspreparedforaprolongedperiodofhighinterestrates.Thecurrencyhititshighestagainsttheeuro,poundandyensinceatleastMarchaftertheFederalReservesetoutplanstocutinterestrates—nowata22-yearhigh—muchmoreslowlythaneconomistshadpreviouslythought.USgovernmentbondpricesfell,send-ingyieldstoa16-yearhigh,whiletheS&P500sufferedoneofitsdeepestweeklydeclinesoftheyear.“MarketshavetakentheFederalReservequitenegatively,”saidJamesBriggs,aportfoliomanageratJanusHendersonInvestors.“Higherfor...