Dollar Finds Support on Higher T Note Yields The US dollar's recent rebound has sparked widespread interest in its underlying drivers.
Beneath the surface, a key factor contributing to the dollar's recovery is the rise in Treasury note yields, which has strengthened its interest rate differentials and made it more attractive to investors.
This development comes as markets price in a 67% probability of a quarter point rate hike at the next Federal Open Market Committee meeting on September 15 16.