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If the market continues to trade off U.S. yields and diverging economic data between the U.S. and EU, it's hard to argue against the current direction in yields or the dollar, on the U.S. economic data front, the consumer remains the economy's backbone, and if this robust trend in the retail space continues to build, factor in a bit of wage growth pressure and the U.S. dollar will continue to move higher on the back of higher yields.
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