Wall Street Braces for More Investors Dissing Dollar

From Yahoo Finance: 2025-06-03 06:30:00

The US dollar is at a three-year low, with experts predicting a further 9% decline. US Treasurys are also struggling, with the 30-year Treasury yield hitting nearly 5%. Manufacturing activity has fallen for a third straight month, with tariffs on steel and aluminum likely to raise costs. The Federal Reserve may cut interest rates soon.

As trade tensions ease, the US dollar continues to decline, hitting a three-year low. US Treasurys are also struggling, with the 30-year Treasury yield rising. Manufacturing activity has fallen for a third straight month, with tariffs likely to raise costs. The Federal Reserve may cut interest rates soon.

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