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US dollar climbs to 17-month high as global bond rout hits euro

Economic Times 1 hr ago·2 Oct 2026, 2:11 am

The US dollar is experiencing a significant surge, reaching a 17-month peak as global bond yields continue to rise. Investor anxiety over inflation and increased government borrowing is steering market trends. As a result, yields on 10-year US Treasuries have soared to their highest point since 2002. Meanwhile, the euro is under pressure due to concerns regarding France's fiscal health and escalating political uncertainties in Europe.

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Summary & analysis by DocStoX. Full story at Economic Times.

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