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النهار
Dollar Gains on Rising Bond Yields
The rise of the dollar was driven by an increase in U.S. Treasury bond yields, with the 10-year yield reaching its highest level in more than 18 months, surpassing 4.7%. Additionally, escalating tensions in the Middle East, following Houthi attacks on two Saudi oil tankers and Trump's threats of military action against Iran, contributed to heightened inflation risks, strengthening the dollar. At the same time, Brent crude oil prices rose again, exceeding $100 per barrel, while the British pound remained at its lowest level in three weeks. The euro received limited support from the possibility of the European Central Bank raising interest rates.
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