Dollar steadies, global bonds rally on Fed
(Reuters)
<p><img src="http://d.yimg.com/img.news.yahoo.com/util/anysize/130,http%3A%2F%2Fd.yimg.com%2Fa%2Fp%2Fafp%2F20090319%2Fcapt.photo_1237410305897-9-0.jpg?v=2" align="left" height="86" width="130" alt="Traders watch live coverage of American International Group (AIG) chairman and CEO Edward Liddy testifying in front of lawmakers on Capitol Hill, on the floor during afternoon trading at the New York Stock Exchange in New York City. Liddy battled to placate public fury over big bonuses awarded by the bailed-out insurer, as the politically toxic payouts put President Barack Obama on the defensive.(AFP/Getty Images/Spencer Platt)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090319/bs_nm/us_markets_global)Reuters - The U.S. dollar steadied on Thursday after suffering its biggest daily plunge since 1985, while Asian government bonds rallied on a large-scale plan by the Federal Reserve to buy long-dated U.S. Treasuries, reviving a practice not used in decades.</p><br clear="all"/>
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