According to CoinMeta, the risks facing the US dollar are intensifying. Rising fiscal risks, weak economic data, and uncertainty regarding Federal Reserve policies could put additional pressure on the dollar, despite its strong performance recently. In 2026, the increase in US Treasury yields attracted more capital into dollar assets, supporting the dollar. The Dollar Index tracks the performance of the dollar against six major global currencies. As of 5:32 a.m. on Wednesday, the Dollar Index was at 99.4, up 1.15% since the beginning of the year, and it reached a 52-week high of 101.80 on June 24. Analyst Charu Chanana stated that if investors perceive the rise in yields as reflecting fiscal risks, increased government borrowing, or persistent inflation, rather than US economic growth or tighter Federal Reserve policies, higher Treasury yields may not necessarily support the dollar. Global bonds were sold off this week, with 30-year Treasury yields reaching their highest level since 2007. Chanana also pointed out that any break in the relationship between yields and dollar strength could have broader implications for investment portfolios.