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
The 5 year has hit a 2 year high also
The 2 year is above 1% for the first time since February of 2020.
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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:
www.forexlive.com