Without Yield Support, the Dollar Wilts
Marc Chandler
June 09, 2021
Overview: Falling US yields weigh on the US dollar. The 10-year Treasury yield is flirting with the 1.50% mark, and the greenback is trading heavily against all the major and most emerging market currencies. European and the Asia Pacific benchmark yields are lower as well. The JP Morgan Emerging Market Currency Index is edging higher for the fou…
Without Yield Support, the Dollar Wilts
Reviewed by Marc Chandler
on
June 09, 2021
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