Higher rates and $ can't get out of its own way, and now watch the yen

While US yields have jumped back to 4 month highs, the US dollar can't get out of its own way and something to watch from here as maybe its other flaws now get exposed. Flaws such as the US being the largest debtor nation and with a budget deficit as a % of GDP at 7% even before a recession has begun. Also, the growing diversification away from its usag…