Why Canadian Imperial Bank Is Bearish the Dollar

The video discusses the current state of U.S. Treasury yields and the dollar's performance. Patrick Bennett from CIBC provides insights into the bearish outlook for the dollar due to rising inflation and interest rates. The discussion covers the impact of these factors on the bond market and the potential for a recoupling of the dollar with other currencies. Investment strategies are suggested, focusing on selling the dollar at specific levels, with an emphasis on the medium-term trend.

What factors does Patrick Bennett believe will undermine the U.S. dollar?

What is the suggested strategy for selling the dollar against the yen?