The yield of US treasury bond bonds rebounded

The US dollar experienced an oversold rebound trend yesterday

As the yield of long-term US treasury bond bonds rose significantly, the US dollar rose against a basket of currencies other than the Canadian dollar on the 28th. The US dollar index rose in shock in the morning of the day, expanded in the afternoon, and rose in the late afternoon.

On Thursday, December 28th, gold lost its appeal and fell below $2070 per ounce after rising to $2088 per ounce in the morning. The modest recovery of US treasury bond bond yields cannot keep gold bullish.

On Thursday (December 28th), crude oil futures fell due to more shipping companies expressing willingness to use the Red Sea route, easing concerns about supply disruptions caused by escalating tensions in the Middle East, and market attention to the weekly report from the US Energy Information Administration on crude oil and refined oil inventories.

The US dollar index, which measures the US dollar against six major currencies, rose 0.24% on the same day and closed at 101.228 at the end of the foreign exchange market. The yield of US 10-year treasury bond bonds rebounded in the afternoon of the same day, with an increase of about 5 basis points on the same day, supporting the US dollar.