US 10 year Treasury yield hits a two year high

US 10 year Treasury yield hits a two year high

The 5 year has hit a 2 year high also The 2 year is above 1% for the first time since February of 2020. ---Rising US yields were a supportive factor f

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The 5 year has hit a 2 year high also

The 2 year is above 1% for the first time since February of 2020.

Rising US yields were a supportive factor for the USD from mid-2021 or so – it levelled off in December as yields rose elsewhere though.

Reuters chart of DXY:

Reuters dxy chart  18 January 2022

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