Homeship order means $2.5 billion sale of homes at auction

The Federal Reserve is buying homes at record lows in an attempt to revive the economy, but the latest bid on the market was not enough to lift the U.S. dollar to a six-month high against the greenback.

The benchmark index of 100-year Treasury yields climbed more than 7% to 2.99%.

The yield on 10-year Treasurys rose to 1.94% from 1.91% on Tuesday.

The U.K. dollar was worth 1.9% against the yen, its highest since December 20.

The dollar rose against the euro, the Japanese yen, the Russian ruble and the Chinese yuan.

“The dollar was very strong yesterday and is stronger today,” said David Sargent, senior economist at IG Economics in New York.

“I think the Fed is going to be able to bring some of its liquidity back to the markets and boost prices a bit, but that’s not enough.”

The dollar gained 0.9%, or $0.15, to 101.20 yen from 101.13 yen.

The greenback was up 0.4%, or 0.16, to 106.97 pence from 106.77 pence.

“We were getting a little bit of help from the ECB and the European Central Bank,” said Jason Feltman, chief economist at Nomura Holdings in Tokyo.

“That’s helping.

The euro is also rising.”

U.A.E. and EU officials are expected to announce the first steps to revive economies on Wednesday.

The Federal Open Market Committee, which will hold its first meeting of the year on March 8, is expected to approve a bond-buying program to prop up the euro and push the U,S.

and European economies to the front of the recovery.

U.N. officials on Wednesday also are expected have discussions with the European Union and the U in the wake of the Brexit vote, with the U’s finance ministers meeting to discuss the country’s future relationship with the bloc and how to tackle the challenges ahead.

“Europeans are very keen to see that the euro stabilizes, so they’ll certainly be looking to see what the European Commission is going through,” said John Maynard Keynes, president of the London-based Royal Bank of Scotland.

The ECB, which has been trying to keep the price of its key lending tool near its previous levels, will also meet later this month.

“They’re trying to maintain their stimulus measures,” said Matthew Furey, an economist at JPMorgan Chase & Co. in New London, Connecticut.

“Their goal is to have a gradual recovery in the labor market and to get the economy back to full employment and to support inflation.”

The central bank’s move follows an unexpected uptick in lending in January and February.

The economy expanded at a 1.7% annual rate in the first quarter of 2018, its best showing since late 2011, according to data compiled by Bloomberg.

The Fed’s policy rate, the interest rate that it pays on its portfolio of $85.6 trillion of bonds and mortgage-backed securities, has been at its lowest since April 2014.

The central banker said it will remain at zero until a resolution of the financial crisis, which he called “the biggest crisis since the Great Depression.”

The Fed has also begun raising its benchmark interest rate, a key measure of inflation expectations.