* Dollar rises to nearly 3-month high vs yen * Euro falls after German elections * Focus on Fed speakers this week (Recasts, adds new comment, FX table, NEW YORK dateline, byline, updates prices) By Gertrude Chavez-Dreyfuss and Ritvik Carvalho NEW YORK/LONDON, Sept 27 (Reuters) - The U.S. dollar gained for a second straight session on Monday, bolstered by the rise in Treasury yields ahead of a slew of Federal Reserve speakers this week who could reinforce expectations of the start of asset purchase tapering before the end of the year. U.S. benchmark 10-year Treasury yields hit a three-month high of $1.516%. Fed speakers will be in focus this week, led by Chair Jerome Powell, who will join Treasury Secretary Janet Yellen in speaking before Congress on Tuesday.
The Canadian dollar was little changed against its U.S. counterpart on Monday, steadying after it notched its strongest level in nearly two weeks as oil prices rose and fears of widespread contagion from China Evergrande Group eased. Chinese authorities pumped more cash into the financial system to offset the fallout from real estate firm Evergrande's woes. The move was supportive of commodity-linked currencies such as the Canadian dollar, although gains were capped as U.S. bond yields climbed.
The furlough scheme is due to come to an end on 30 September.