"Bond Rally Sends Dollar Tumbling: Treasury Yields Hit Yearly Lows Amid Fed Decision and Jobless Claims Surge"
US 10-year yields are down, causing the US dollar to slump, as concerns about US regional banks and losses related to commercial real estate weigh on the market. The KRE regional banking index is down, and there are indications of potential downside risks and higher volatility, including weak Nasdaq seasonals, uninspiring earnings reactions, geopolitical tensions, and the Fed's cautious approach. The bond market movements suggest underlying concerns, signaling a need for caution and potential downside protection.
