News Snapshot:
By Rae Wee SINGAPORE, Sept 28 (Reuters) - The dollar hit a fresh two-decade peak against a basket of currencies on Wednesday on the back of rising Treasury yields, while sterling languished near a record low on concerns over Britain's radical tax cuts to spur growth. The U.S. dollar index hit a new high of 114.68 in Asia trade and was last up 0.42% at 114.62. Meanwhile, benchmark U.S. 10-year Treasury yields rose to 4% for the first time since 2010, topping at 4.004%. The two-year yields stood at 4.2912%. "It's a combination of the spillover from the UK... where...
