US Dollar Charges Higher As Treasury Yields Surge And Crude Oil Soars. Where To Next?
January 19, 2022 at 09:59 AM EST
The US Dollar appears to have shrugged off recent weakness with Treasury yields continuing higher, underpinning the greenback. The 10-year note hit 1.89% while the 2-year traded at 1.076%, levels not seen since the pandemic began.