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Here’s What To Watch For In The Suddenly Resurgent Dollar
Guess what? The dollar just had its best week in 17 months.
But you already knew that, right?
This is a function of a variety of (obviously) interrelated factors including the restoration of the greenback's positive correlation with 10Y yields, rising short-term rates, and assumptions about the Fed.
Those factors (really, they're all just part of the same story) have together been enough to override concerns about the deteriorating U.S. fiscal condition and have trumped (g
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