MACRO
U.S. Dollar Hits Strongest Level in Nearly a Year, Heaping More Pressure on Stocks
After 11th straight green week on Friday, the longest winning streak since October 2014, the ICE U.S. Dollar Index DXY traded as high as 107.35 on Tuesday. The ICE index measures the dollar's strength against a basket of rivals.
The 30-year Treasury bond rose 12.4 basis points to 4.899%, its highest level since late 2007, pushing the...