Anonymous wrote:
Anonymous wrote:The dollar has dropped YTD, but so has the yield on the 10 year Treasury. There are too many other variables to make a correlation.
Regardless of the dollar, given all the deficit spending past/present/future, rates should rise, but they are dropping across the entire yield curve, 10 year recent peak was 10/23 at 5%.
Correlation means exactly that: correlation.
Yes, there's fairly strong correlation. But worse, the way to mitigate some of the effects at a macro level have significant impacts on the working and middle classes. e.g., a weak dollar can drive inflation, leading to higher interest rates, ultimately making food, housing, and other basic needs more expensive in order to protect rich people.