---
title: "Dollar Index Steady Amid Rising Interest Rate Expectations"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280000523.md"
description: "The dollar index remained stable at 99.5, up 0.2%, amid rising interest rate hike expectations from the Federal Reserve, despite a 1% decline over the week. The U.S. dollar strengthened against the yen, peaking at 159.38. Commodity currencies fell, with the Australian dollar at 0.702 and the New Zealand dollar above 0.583. U.S. Treasury yields rose significantly, with the 10-year yield reaching 4.393%, the highest in over seven months, while the 30-year yield surpassed 4.96%."
datetime: "2026-03-20T23:32:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280000523.md)
  - [en](https://longbridge.com/en/news/280000523.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280000523.md)
---

# Dollar Index Steady Amid Rising Interest Rate Expectations

The dollar index remained stable as market expectations for a potential interest rate hike by the Federal Reserve increased. According to RTHK, the index was reported at 99.5 earlier, marking a 0.2% rise, although it has declined by about 1% over the week, ending a two-week upward trend. The U.S. dollar also strengthened against the Japanese yen, rising above 159, peaking at 159.38, and settling around 159.2 by the New York close, up approximately 1%. Commodity currencies experienced larger declines, with the Australian dollar falling to around 0.702 against the U.S. dollar, a drop of about 0.9%. Similarly, the New Zealand dollar fell over 0.6%, remaining above 0.583. U.S. Treasury yields saw significant increases, with the 10-year yield reaching a high of 4.393%, up 11 basis points, marking the highest level in over seven and a half months. It hovered around 4.385% by the close. The 30-year yield briefly surpassed 4.96%, while the two-year yield exceeded 3.94% before retreating to 4.94% and 3.9%, respectively, by the end of the trading session.

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