DXY Maintains Gains as Treasury Yields Continue to Rise

The U.S. Dollar (USD) continued an upward trend on Wednesday, supported by the rise in Treasury bond yields.

The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is up by 0.15% at 92.48.

The index has been fluctuating today in a range between 92.34 and 92.61, staying in the positive territory after closing Tuesday at 92.34.

Meanwhile, the benchmark U.S. 10-year Treasury bond yield is marginally up at 1.644%.