The US dollar resumed its slide on Tuesday in what may turn out to be a very short-lived recovery. There were no US economic reports on the calendar but ten year Treasury yields resumed their slide, falling more than 6% and driving the dollar sharply lower in the process. According to the Democrats, stimulus talks are finally moving in the right direction but with extra unemployment benefits gone and the moratorium on evictions and foreclosures over, the US economy could fall off a cliff if something isn’t done soon. As noted by my colleague Boris Schlossberg, over 40% of US renters are now at risk of eviction and if ... (full story)