USD Declines Despite Rising Treasury Yields

The U.S. Dollar (USD) showed a mostly negative performance on Tuesday, as investors seek safe haven assets due to concerns about a rise in inflation rates.

The Dollar Index (DXY) that measures the greenback’s performance against a basket of six major international currencies, is down by 0.04% at 90.17.

The index has been moving today in a range between 89.98 and 90.36, after closing Monday at 90.21.

Earlier today, the JOLTS report showed that new U.S. job openings surged to a new record high in March.

Meanwhile, the benchmark 10-year Treasury bond yield rose by 0.02% to 1.622%.