Is the US Dollar Losing Its Safe Haven Edge Too Fast?

  • May 21, 2025

Consider the 10-year Treasury yield and the dollar index (DXY) over the past six months: Is the US Dollar Losing Its Safe Haven Edge Too Fast?

The first obvious episode is in the wake of Liberation Day. The second is ongoing.

Is there any wonder? Given how the fiscal plans are playing out, it would be surprising if there wasn’t some unrest. Is the US Dollar Losing Its Safe Haven Edge Too Fast?

Reid, CoTD, DeutscheBank, May 19, 2025.

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