Euro, stocks retreat from rally on EU stimulus plan

NEW YORK (Reuters) - The euro retreated from near two-month highs and equity markets wavered on Wednesday even as the European Union unveiled a 750 billion euro ($823 billion) recovery fund that helped offset concerns about unrest in Hong Kong over Beijing's proposed security laws.U.S. Treasury yields also retreated from gains on the European Commission's proposed stimulus plan to bolster economies ravaged by the coronavirus pandemic boosted risk appetite and reduced demand for safe-haven bonds..