Dollar Rallies as Bond Yields Climb and the Yen Slumps

The dollar index (DXY00) Wednesday rallied to an 8-week high and finished up by +0.46%. Hawkish comments Wednesday from Fed Governor Bowman pushed bond yields higher and boosted the dollar when she said that inflation will remain inflated for some time…

Dollar Rallies as Bond Yields Climb and the Yen Slumps

The dollar index (DXY00) Wednesday rallied to an 8-week high and finished up by +0.46%. Hawkish comments Wednesday from Fed Governor Bowman pushed bond yields higher and boosted the dollar when she said that inflation will remain inflated for some time…