Usually, yields and currencies go hand-in-hand. The logic is simple. When yields are high, investors flock in and demand for that currency rises. That's what has happened with the US dollar and Treasury yields too. But the story isn't so simple.
Usually, yields and currencies go hand-in-hand. The logic is simple. When yields are high, investors flock in and demand for that currency rises. That's what has happened with the US dollar and Treasury yields too. But the story isn't so simple.
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