Dollar Rises, Gold Falls as T-Note Yields Hit 16-Month High
The U.S. dollar strengthened amid rising Treasury note yields and geopolitical tensions with Iran, pushing the yield on the 10-year T-note to a 16-month high of 4.685%. The euro weakened against the dollar as stronger-than-expected home sales data boosted liquidity demand for USD.
Topics: dollar gold treasury yields US-Iran tensions