The U.S. dollar pulled off an 11-week low versus major peers on Wednesday, helped by a rebound in short-term Treasury yields even as a run of weak economic data weighed on investor sentiment. The Canadian dollar slipped to a two-week low and the Mexican peso was weaker with a new round of tariffs from U.

The U.S. dollar continued to weaken on Tuesday as the market’s worries about the possibility of slower economic growth persisted. The WSJ Dollar Index, which compares the dollar against a basket of major currencies,