Will the US dollar continue to weaken amid economic uncertainties and rising treasury yields? Claudio Irigoyen answers

BofA Global Research’s Claudio Irigoyen suggests the US dollar will likely remain soft without a major collapse. Rising US treasury yields reflect recalibrated expectations due to fiscal and policy uncertainties, impacting consumer and business sentiment. Portfolio rebalancing by global investors, shifting away from US assets, further contributes to the dollar’s struggle.

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