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Thursday, April 6, 2023

Fundamental: Growth Fears Support the US Dollar Even as Yield Advantage Shrinks

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Alert Alert Apr 6, 2023, 9:31am
 
Fundamental: Growth Fears Support the US Dollar Even as Yield Advantage Shrinks
The dollar has failed to weaken as much as might be suggested by the decline in US bond yields versus international peers, in large part because haven flows into the greenback are helping to prop it up. That's the view of Standard Chartered's Steve Englander who points to the fact that the five-year Treasury yield is now at its tightest level in more than a ...
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