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Awaiting the Fed’s next move? Watch 10-year T-notes
Better reports on the significance of 10-year T-notes in predicting mortgage rates and the Fed's upcoming decisions amid economic uncertainty.
The dollar index (DXY00) today is up slightly by +0.05%. Higher T-note yields today are supportive of the dollar as the 10-year T-note yield rose to a 1.5-week high at 4.11%. Also, today’s action by ...
The dollar index (DXY00) on Friday fell by -0.21%. The dollar moved lower on Friday as a decline in the 10-year T-note yield to a 4-month low has weakened the dollar's interest rate differentials.
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Dollar sees support from higher T-note yields
The dollar index (DXY00) is up +0.03% on support from today’s +3.8 bp rise in the 10-year T-note yield, which supported the dollar’s interest rate differentials. However, there was some downward ...
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