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Investor bets against the dollar are at their biggest in almost 10 years, but rising Treasury yields are a red flag for bears, analysts say
Investor bets against the dollar are at their biggest in almost 10 years, but rising Treasury yields are a red flag for bears, analysts say
Harry RobertsonJan 19, 2021, 19:17 IST
Investors are increasingly shorting the dollar, but it has risen in 2021Yuriko Nakao/Reuters
Bets against the
The shorts against the dollar come despite the greenback rising around 0.6% this year.
Analysts say Treasury yields have been the key driver and could cause dollar bears more pain.
Bets against the dollar have risen to near their highest level in a decade, but uncertainty is creeping in about the greenback s short-term direction of travel.