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US DOLLAR'S RALLY SUPERCHARGED BY SOARING REAL YIELDS ON TREASURIES

  • NEWS Desk Global
  • Oct 5, 2023
  • 1 min read

Surging U.S. real yields are aiding the dollar's rebound, rewarding bullish investors while making bears think twice before betting against the buck.

The real yield on U.S. 10-year Treasuries - which measure how much investors stand to make on U.S. government bonds after inflation is stripped out - hit 2.47% on Tuesday, the highest in nearly 15 years, according to data from the U.S. Treasury Department.

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