The U.S. dollar index approached a one-month high as Treasury yields increased, with the 10-year Treasury yield surpassing 4%, indicating investor caution regarding the Federal Reserve's potential interest rate cut timing. The rise in the dollar and Treasury yields occurred as traders resumed activity following a U.S. holiday, with a focus on upcoming economic data that could influence rate cut expectations. Meanwhile, there are emerging concerns in the bond market, as some investors feel unsettled by the prospect of a significant issuance of U.S. Treasuries after a strong rally, and as fiscal worries resurface amidst expectations of cooling inflation.
U.S. 10-year Treasury yield back above 4% as shortened trading week begins - CNBC https://t.co/Vod5wrS8Bp
⚠️ ANALYSIS-COMING FLOOD OF US TREASURY ISSUANCE UNSETTLES SOME INVESTORS AFTER BLAZING RALLY (Reuters) Cracks are forming in the market’s bullish consensus for bonds, as resurfacing fiscal concerns duel with expectations that cooling inflation will push the Federal Reserve to…
Treasury yields climbed as trading resumed after a US holiday, with investors showing concern the Fed may be reticent to cut interest rates as early as March https://t.co/bNE503xcwa
Dollar advances as traders weigh rate cut expectations, eyes on data https://t.co/9PTBgejxtd https://t.co/Xcon3eNfup
A gauge of the dollar rose toward a one-month high as Treasury yields climbed while investors sought more clues on the timing for a US interest-rate cut https://t.co/LsYSFkYK82