Currency Analyst since 2010

US yields recovered

US Treasury yields have reversed decisively higher with 10-year paper paying 2.646% compared to a trough of 2.402% 2 weeks ago.

According to RBS, the decline in 10-year yields is over and they will stay above 2.80% in the coming months.

US 10-year Treasury yields (Bloomberg)

The prospect of higher yields supports US dollar. The dollar index (DXY) held at 80.811 from May’s low at 78.906.

US dollar index (Bloomberg)

Scroll to top