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Dollar steadies as optimism over China reopening turns to caution - Economic Times
![Dollar steadies as optimism over China reopening turns to caution - Economic Times](https://img.etimg.com/thumb/msid-96583181,width-1070,height-580,imgsize-180204,overlay-etmarkets/photo.jpg)
The uncertainty over the global economic outlook, along with mounting worries about a recession in the U.S., saw the two-year Treasury yield, which typically moves in step with interest rate expectations, slip overnight. It last stood at 4.3512%.
The dollar steadied on Thursday after riding long-end U.S. Treasury yields higher overnight, as initial optimism over China's reopening fizzled.
Following China's removal of its quarantine rule for … [+2184 chars]
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