Dollar slides to two-week low, Treasury yields mixed as Fed hold bets rise

Treasury yields edged higher but are on pace for a weekly decline as markets increasingly price in a Fed rate hold on October 28. The dollar fell to a two-week low, with the DXY down 0.4% to 101.674. AI stock unease boosted safe-haven flows into the Swiss franc and euro. Sterling rose to a three-week high of $1.3324 but is seen as vulnerable. The euro reached a one-week high of $1.1263. RBI measures provided temporary relief for the rupee, but fundamentals remain pressured. Malaysia's 3Q GDP grew 5.3% on year, reinforcing expectations that Bank Negara Malaysia will hold rates. ING Groep was upgraded by KBW on higher net interest income estimates.