CNBC: Dollar gains as oil, yield increases revive inflation fears
Category:Cross-Border
Updated:2026-09-01
"A rout in global bond markets is intensifying and the dollar is climbing as an outbreak in hostilities between the U.S. and Iran revives inflation risks, raises the likelihood of interest rate hikes in the months ahead, and makes safe havens more appealing," said Karl Schamotta, chief market strategist at Corpay.
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