Euro up, yuan at two-month high

LONDON, Dec 04 (Reuters): The euro rallied above $1.14 on Tuesday as a fall in US Treasury yields encouraged further selling of the dollar, with the yen and trade-linked currencies such as the Chinese yuan also racking up strong gains.

Investor jitters about China and the United States' ability to resolve their trade differences did not spread into the foreign exchange market, with emerging market currencies and the Australian and Canadian dollars building on Monday's gains.

The dollar, measured against a basket of currencies, fell to its weakest since November 22.

US Treasury yields fell overnight, with two-year yields rising above those of longer-dated 5-year notes for the first time in more than a decade.