ThomasFink

Treasury Yields Surge but the Dollar Stays Put

TVC:DXY   U.S. Dollar Index
Over supply from the auctions should keep treasury yields rising to test the high @ 2.65 on the 10yr. Bills and 7yr being auctioned tomorrow should continue to fuel the Dow higher. $DXY might follow yields to 102 forming a right shoulder depending on the data tomorrow and Friday.

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