--- title: "Dollar climbs as US yields hit 16-month high" type: "News" locale: "en" url: "https://longbridge.com/en/news/286984799.md" description: "The dollar strengthened as the 10-year Treasury yield rose to 4.685%, driven by higher interest rate differentials. Geopolitical tensions from the US-Iran conflict and weak equity markets increased demand for the dollar. Consequently, the yen and pound weakened as investors shifted capital into US assets, with UK jobs data further pressuring sterling." datetime: "2026-05-20T01:13:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286984799.md) - [en](https://longbridge.com/en/news/286984799.md) - [zh-HK](https://longbridge.com/zh-HK/news/286984799.md) --- # Dollar climbs as US yields hit 16-month high Yield-driven rally: The 10-year Treasury yield jumped to 4.685%, boosting the dollar through higher interest rate differentials. Safe-haven demand: Geopolitical tensions from the US-Iran war and equity market weakness increased investor demand for the dollar. Global currency impact: The yen and pound weakened as capital rotated into US assets, with UK jobs data adding pressure on sterling. ### Related Stocks - [UUP.US](https://longbridge.com/en/quote/UUP.US.md) - [USDU.US](https://longbridge.com/en/quote/USDU.US.md) ## Related News & Research - [US sells $16 billion of 20 year bonds at a high yield of 5.122%](https://longbridge.com/en/news/287099604.md) - [METALS-Copper falls to over 1-week low as strong dollar, higher bond yields weigh](https://longbridge.com/en/news/287000664.md) - [US 30-year Treasury yield could rise above 6%, BofA survey says](https://longbridge.com/en/news/286894243.md) - [Verizon and 4 other stocks with 5% yields—and market-beating returns](https://longbridge.com/en/news/286926821.md) - [Why Is the Stock Market Down Today, 5/18/26?](https://longbridge.com/en/news/286793073.md)