Crude oil prices are up about 2% due to tight supplies
Government bond yields reached multi-year highs
Yen slips below 150 against the dollar
(Updates on US market opening, LONDON to NEW YORK dateline change, byline change)
By Stephen Culp
NEW YORK, Oct 20 (Reuters) – US stocks turned sharply higher and benchmark Treasury yields continued to rise after investors shrugged off the resignation of UK Prime Minister Liz Truss and focused on positive gains and evidence focused on aggressive Fed policy beginning to change.