US Dollar Outlook - The Ongoing Battle For Yield Control
March 20, 2021 at 14:11 PM EDT
While the short-end of the US Treasury market is anchored around 15 basis points, the yield on the US 10-year has risen over 80 bps to 1.73%. These rising yields, and the steepening 2-10 yield curve, will underpin the US dollar going forward.