Investors Flee U.S. Assets Amid Soaring Yields and Waning Dollar Dominance
Investors are fleeing U.S. assets like Treasurys and the dollar, with the 10-year Treasury yield soaring above 4.5% and the U.S. dollar index hitting a 3-year low on Friday, signaling concerns over waning dollar dominance and the currency's appeal as a global reserve amid trade tensions.