# MUFG Says Higher U.S. Yields Support the Dollar Above 103, Flags Tech Risks

> MUFG analyst Derek Halpenny said the dollar index stayed above 103 on Nov. 13 as higher short-term Treasury yields supported the currency. Treasury data show the two-year yield rose from 4.51% to 4.88% between Nov. 6 and Nov. 13.

- Date: 2026-11-14 · published 2026-11-14T09:09:26.265Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/99261-mufg-says-higher-u-s-yields-support-the-dollar-above-103-flags-tech-risks
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar makes US-priced grains, meal and oils more expensive for importers, which can weigh on export demand and prices. Risk-off moves in AI-linked tech and currencies such as the Australian dollar could add volatility to commodity markets.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-06-29 | [US Dollar: Supported with elevated real yields – MUFG](https://feedsoft.ai/events/19014-us-dollar-supported-with-elevated-real-yields-mufg.md) | -0.0% | -0.1% |
| DXY | 2026-05-26 | [US Dollar: Higher yields and data keep Fed repricing in focus – MUFG](https://feedsoft.ai/events/19468-us-dollar-higher-yields-and-data-keep-fed-repricing-in-focus-mufg.md) | -0.1% | +1.5% |
| DXY | 2018-10-03 | [Australian dollar slammed after U.S. bond yields surge higher](https://feedsoft.ai/events/62788-australian-dollar-slammed-after-u-s-bond-yields-surge-higher.md) | +0.6% | +2.3% |
| DXY | 2021-03-08 | [Dollar at 3-1/2-month high on firmer yields, U.S. growth \| Reuters](https://feedsoft.ai/events/48311-dollar-at-3-1-2-month-high-on-firmer-yields-u-s-growth-reuters.md) | -0.6% | -0.0% |
| DXY | 2018-04-19 | [Dollar Rises With Higher U.S. Yields, Sterling Slumps - Babypips.com](https://feedsoft.ai/events/65767-dollar-rises-with-higher-u-s-yields-sterling-slumps-babypips-com.md) | +2.1% | +3.9% |

## Sources

- econotimes.com: https://econotimes.com/MUFG-Says-Higher-U-S-Yields-Support-the-Dollar-Above-103-Flags-Tech-Risks-1776594

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.