Dollar steady as Treasury yields rise after rate-hike outlook shift
The dollar index (DXY) stays around 102.10 while the 10-year Treasury yield rises to 5.255% after softer recent PCE and labor data tempered near-term Fed-hike expectations.
S. dollar stays steady while Treasury yields rise as bond investors try to find an equilibrium level after this week's roller coaster which saw 10- and 30-year yields rising to new 24-year highs earlier this week. Prospects of further Federal Reserve's interest-rate hikes following the one in September have eased slightly, capping yields, at least temporarily. A's Bas Kooijman says in a note.
10. 255%, according to Tradeweb. com) (END) Dow Jones Newswires October 09, 2026 06:23 ET (10:23 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. The statements in this document shall not be considered as an objective or independent explanation of the matters.
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