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The Dollar Has Become A “High Yielder”
We all know the USD has been on fire of late, thanks in no small part to bullish bets on the US economy triggered by optimism around "Trumponomics" and the attendant hawkishness of the Fed, which, upon delivering a widely expected rate cut this month, delivered a hawkish message about the outlook for rate hikes in the new year (mind those dots).
Now, as Deutsche's George Saravelos notes, the dollar is among the top 3 highest yielding currencies in the G-10, a state of affairs which historically
