Dollar Takes Some of Its Strength from Higher Treasury Yields -- Market Talk

1154 GMT - The U.S. dollar is rising, benefiting from higher Treasury yields. "It [the dollar] often does better when U.S. rates are rising unlike many of the other major currencies," Bannockburn Capital Markets' Marc Chandler says in a note. Adding to the dollar's gains is the escalation of the Middle East situation between the U.S. and Iran, which drives oil prices higher. The dollar benefits from this both because the U.S. is an oil exporter and because of the currency's safe-haven role. The DXY dollar index rises 0.2% to 99.590. The 10-year U.S. Treasury yield earlier hit 4.792%, its highest since January 2025, according to LSEG data.(emese.bartha@wsj.com)

(END) Dow Jones Newswires

September 01, 2026 07:54 ET (11:54 GMT)