The Week Ahead: Disappointing U.S. Data, Soft 2-Year Yield Warns Dollar Leg Up On Fed's Hawkish Hold Is Over
2026-07-05 04:10:00 ET
The combination of soft, disappointing US data, which culminated in a jobs report on July 2 that showed half the jobs growth that was expected, and the continued decline in oil prices, recognized by Fed Chair Warsh in Sintra, that inflation expectations have eased recently, took the steam from US short-term rates and the greenback. The two-year US yield finished the holiday-shortened week slightly below 4.14%. It was at 4.18% after the Fed's hawkish hold last month and peaked above 4.20%. It sounds simplistic, but in the current environment, as goes the US two-year yield, so goes the dollar....
Read the full article on Seeking Alpha
For further details see:
The Week Ahead: Disappointing U.S. Data, Soft 2-Year Yield Warns Dollar Leg Up On Fed's Hawkish Hold Is Over
NASDAQ: EUO
EUO Trading
0.32% G/L:
$30.7254 Last:
9,847 Volume:
$30.78 Open:
EUO Latest News
