TheLazyBrother

US2Y with DXY - moving together

TVC:US02Y   US Government Bonds 2 YR Yield
Since the begining of the rise in 2 year yield, USD was following closely. However, USD did not follow rates to new high, but diverged instead. Note that the momentum in 2y yield is slowing, which could portend fall in interest rates in not very distant future, which could in turn hurt USD.

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