Dollar Rallies, Gold Falls as T-note Yields Rise
The U.S. dollar index hit a six-week high amid rising Treasury note yields and geopolitical tensions with Iran boosting the dollar's safe-haven appeal. The 10-year T-note yield reached a 16-month peak of 4.685%, while stronger-than-expected home sales data added to the dollar’s strength.
Topics: dollar gold t-note yields us-iran tensions