Morning briefing: The US treasury yields have come down sharply

Surge in crude prices yesterday led to a sharp rise in yields, leading to a stronger US Dollar, but crude prices have dipped today, giving a relief correction on the Dollar Index, thus giving the other currencies some scope for appreciation against the US Dollar.​Surge in crude prices yesterday led to a sharp rise in yields, leading to a stronger US Dollar, but crude prices have dipped today, giving a relief correction on the Dollar Index, thus giving the other currencies some scope for appreciation against the US Dollar.