US Dollar Outlook Turns More Bullish as Bond Yields Skyrocket Post PCE Data

The U.S. dollar (DXY) has risen to its best level since early January, driven by surging U.S. Treasury yields in response to a hawkish repricing of the Fed’s tightening path amid sticky inflation.

from DailyFX - Market News https://ift.tt/ofOd1jA
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