{
  "id": 11235526,
  "title": "Dollar hits 17-month high versus euro as bond selloff lifts yields",
  "url": "https://urgent.news/2026/10/01/dollar-hits-17-month-high-versus-euro-as-bond-selloff-lifts-yields-11235526",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T16:15:15.000Z",
  "source": {
    "name": "CNA - Business",
    "slug": "cna-business",
    "url": "https://www.channelnewsasia.com/business/dollar-hits-17-month-high-versus-euro-bond-selloff-lifts-yields-6423051"
  },
  "original_language": "en",
  "account": "On October 1, the US dollar reached a 17-month peak against the euro due to a sharp sell-off in government bonds worldwide, pushing Treasury yields to record highs. The euro dropped below $1.123 for the first time since May 2025, declining 0.79% to $1.1238. September saw the euro's largest monthly decline in nearly a year. Brian Daingerfield, head of G10 FX strategy at NatWest Markets, attributed the rise to concerns about fiscal policy and inflation, especially after weak French bond markets. The 10-year US Treasury note hit its highest level since 2002, sitting at 5.272%. The euro also weakened against the yen and Swiss franc, barely staying positive against the pound. US inflation data showed a lower-than-expected rise in August, dampening expectations for a Federal Reserve rate hike. Meanwhile, global bond markets recorded their biggest monthly decline in years, contributing to rising yields.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Australian Dollar weakens as robust US data, rising US yields overshadow RBA rate hike",
        "url": "https://urgent.news/2026/10/01/australian-dollar-weakens-as-robust-us-data-rising-us-yields",
        "published": "2026-10-01T16:09:06.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Dollar hits 17-month high versus euro as bond selloff lifts yields",
        "url": "https://urgent.news/2026/10/01/dollar-hits-17-month-high-versus-euro-as-bond-selloff-lifts-yields",
        "published": "2026-10-01T16:15:15.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}