Dollar Rises Alongside T-Note Yields
Yahoo Finance·2026-01-07 04:36
The dollar index (DXY00) on Tuesday rose by +0.30% but remained below Monday's 3.5-week high. The dollar rallied on Tuesday as higher T-note yields strengthened the dollar's interest rate differentials. Also, comments on Tuesday from Richmond Fed President Tom Barkin were supportive of the dollar when he said he expects tax cuts and deregulation to lift growth this year. The dollar still has some safe-haven support due to the escalation of geopolitical risks in Venezuela after the US captured Venezuelan ...