we've plotted US10Y-US02Y against DXY.
we've noticed a near perfect fitting between them.
as yield curve continues to invert, it drives higher DXY and that is bearish for risk assets, and vice versa.
best regards.
we've noticed a near perfect fitting between them.
as yield curve continues to invert, it drives higher DXY and that is bearish for risk assets, and vice versa.
best regards.