Treasury Yields Above 5% Not Abnormal, Dollar May Consolidate

The post Treasury Yields Above 5% Not Abnormal, Dollar May Consolidate appeared first on Coinpedia Fintech News

UOB strategist Quek Ser Leang said the dollar index is losing upward momentum, and the rally that began last month may be turning into a consolidation or a mild pullback. A deeper dip could test the 21-day moving average at 101.50. BondBloxx’s JoAnne Bianco said yields above 5% only look high by recent habit. In …