This is how much the US Dollar ($) has lost in 2017 and 2018 (till date),
2017
USD/AUD -8.05%
USD/GBP -9.11%
USD/JPY -3.83%
USD/EUR -12.97%
USD/CAD -7.32%
USD/MXN -4.76%
USD/CNY -6.25%
2018 (till date)
USD/AUD -0.20%
USD/GBP -2.29%
USD/JPY -3.52%
USD/EUR -1.97%
USD/CAD +0.20%
USD/MXN -4.87%
USD/CNY -3.41%
A weaker currency for a nation that imports more than it exports means higher inflation which in turn (normally) means higher bond yields.
The US recorded a $53.1 billion trade deficit in December 2017, the highest trade deficit since October 2008. And bond yields continue to rise..
“You can flip a coin to change its face, but it remains the same coin.” – DaShanne Stokes