32 min ago
The Dollar Keeps Falling as Economic Worries Mount
The U.S. dollar continued to weaken on Tuesday as the market’s worries about the possibility of slower economic growth persisted.
The WSJ Dollar Index, which compares the dollar against a basket of major currencies, was down 0.2% to $106.36. It’s fallen 1.4% over the past month. The 2-year Treasury note was down to 4.12%, while the 10-year yield was down to 4.32%.
After a cocktail of economic data and updates from companies spooked markets, bets on interest-rate cuts in the first half of 2025 are on the rise.
