unsettled Treasury market
Dollar Slumps to Weakest Level Since Russia Invaded Ukraine in Early 2022
April 11, 2025
The weighted DXY dollar index sank 1.3% overnight, including declines of 1.5% against the Swiss franc, 1.7% versus the euro, 1.3% relative to the yen and 1.4% vis-a-vis New Zealand’s dollar. The greenback’s drop is part of a broader flight from perceived U.S. “safe” U.S. assets like Treasury bonds. The 10-year Treasury yield, even in […] More
