Dollar weakens, U.S. Treasuries weaken
The dollar returns to low-lying risk assets again, this is the rule
Because the logic behind it is simple
When U.S. bonds can earn a risk-free rate of return of 5% annually, those capitals don’t have much incentive to take risks to earn returns in other markets.
And when U.S. bond yields continue to fall, capital will naturally continue to choose places where they can earn more income.
Therefore, this is the rise in risk assets caused by quantitative easing.