The bigger they are, the harder they fall ...Middle East

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The bigger they are, the harder they fall
The dollar has been the frontrunner in the last few months and it owes much to a rout in the bond market. Soaring Treasury yields alongside a more robust economy helped to provide the necessary tailwind for the dollar to outperform its peers. But now, are we poised for a reversal and a stop to the higher rates for longer narrative?Bill Ackman, Bill Gross, and now Jeffrey Gundlach certainly think so at least. And if so, how will that play out for the dollar?In recent months, the greenback has relied a lot on the factors above. But if there is to be a squeeze in the bond market or a potential reversal, odds are it is going to be doubly painful for the dollar on the way down.For one, yields ret

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