Dollar Stable, Treasury Yields Fall in European Trade -- Market Talk
Dow Jones2026/10/29 10:541054 GMT - The dollar is rangebound while U.S. Treasury yields fall in European midmorning trade, in the aftermath of the Federal Reserve's decision on Wednesday to keep rates on hold. Geopolitics also offers the dollar a source of support, says DHF Capital S.A's Bas Kooijman. "Middle East tensions are keeping oil prices high, strengthening the case for tighter monetary policy," he says. A fresh escalation would also lift safe-haven demand, while a lasting easing in tensions would pull the dollar and yields down, he says. The DXY dollar index is steady at 102.202. The 10-year Treasury yield falls 3.8 basis points to 5.006%, according to Tradeweb. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
October 29, 2026 06:54 ET (10:54 GMT)
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