"Dollar’s correlation with Treasury yields breaks down" https://t.co/PeN5YKumQh https://t.co/66tzSsgxYv
The relationship between the US Dollar and Treasury yields has broken down: Since April 2nd, the 10-year note yield has risen +27 basis points, to 4.43%. At the same time, the US Dollar index, $DXY, has declined -5.2% to near its lowest level in 3 years. This is a material https://t.co/tmhWAzgeof
🚨This is remarkable: The US Dollar and the 10-year Treasury yields have moved in OPPOSITE directions over the last 2 months. The US Dollar has dropped 5% while the 10-year yield has jumped nearly 30 basis points. This broke the close relationship that had lasted for years. https://t.co/pny09gXLmQ
The longstanding correlation between the US dollar and Treasury yields has broken down in recent months. Since early April 2025, the 10-year US Treasury note yield has risen by approximately 27 to 30 basis points, reaching around 4.43%. In contrast, the US dollar index (DXY) has declined by about 5%, nearing its lowest level in three years. This inverse movement marks a departure from the previous close relationship between the US dollar and Treasury yields that had persisted for years.