The DXY index continues to sell poorly as government bond gains

The US will remain unchanged for the next 3 meetings with a 40% probability of a 25bps cut at the May meeting, followed by 3 rate cuts during the year. DXY will decrease in the next 3 months

Changing expectations have caused short- and long-term government bond yields to decline in the last 4 sessions. The 2-year government bond yield is currently at 4.87%, the 10-year government bond yield is trading at 4.59%, while the 30-year government bond yield is at 4.77%.