Agency: The US economy is strong and the dollar is expected to rise further
analysts at Brown Brothers Harriman Bank wrote that the US dollar is strengthening and may continue to rise. "Although the US election results have intensified this movement... strong US fundamentals continue to benefit US Treasury yields and the US dollar's rise." The US bond market was closed on Monday for Veterans Day, but yields have been rising in recent weeks as the market prepares for stubborn inflation in the context of strong growth. The US October CPI will be released on Wednesday, and a survey by The Wall Street Journal shows that inflation is expected to rise slightly from the same period last year.
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