摩根士丹利：美国利率走低、期限溢价上升料令美元承压

Core Viewpoint - Morgan Stanley strategists indicate that the sensitivity of the US dollar to US interest rates has increased, leading to a new negative correlation with the term premium of US Treasury bonds, which is expected to further pressure the dollar [1] Summary by Relevant Categories - US Dollar Sensitivity - The overall sensitivity of the US dollar to US interest rates has risen [1] - Negative Correlation - A new negative correlation has emerged between the US dollar and the term premium of US Treasury bonds [1] - Forecast on Dollar Index - If US interest rate trends align with expectations, the dollar index is projected to decline by an additional 6% [1]