Dollar Mildly Higher as T-note Yield Rises
Yahoo Finance·2026-03-11 23:21
The dollar index (DXY00) is up +0.17% on support from today's +4.7 bp rise in the 10-year T-note yield, which supported the dollar's interest rate differentials. Also, today's +4% rally in WTI crude oil prices is hawkish for Fed policy and supportive of the dollar. Today's US CPI report was in line with market expectations and roughly neutral for the dollar. The Feb CPI rose +0.3% m/m and +2.4% y/y, while the Feb core CPI rose +0.2% m/m and +2.5% y/y. Today's headline CPI report of +2.4% y/y was just 0 ...