# US10Y vs DXY Correlation Shift

> US10Y and DXY may reconnect or exhaust yield growth ahead.
- Title: US10Y vs DXY Correlation Shift · TradingView | Shortify
- Summary: US10Y and DXY may reconnect or exhaust yield growth ahead. US10Y yield and DXY could align or reverse as yields test 161.8% Fibonacci extension.
- Keywords: us10y, dxy, treasury yield, dollar index, fibonacci, correlation, business, finance, Shift, TradingView
- Source: TradingView — https://tradingview.com/chart/TNX/zV6CIpvu-US10Y-vs-DXY-Correlation-Reconnect-or-Yield-Exhaustion-Ahead
- Published: 2026-09-16T09:16:28+00:00
- Read time: 1 min
- Topics: us10y, dxy, treasury yield, dollar index, fibonacci, correlation, business, finance
## Historical Decoupling
US10Y vs DXY decoupled aggressively in october 2018 after multi-year lockstep.
## 2020 Pandemic Bottom
A definitive macro bottom formed in 2020 at the onset of the pandemic.
## Current Correlation Realignment
DXY surged alongside us10y as aggressive tightening began in 2022.
## Yield Technical Setup
Yields consolidated into a corrective box after wave three peak.
## DXY Corrective Retracement
DXY pulled back into critical support near 23.6% to 38.2% fibonacci retracement.
## Key Scenarios
If yields hit 161.8% extension, dxy completes catch-up rally; if breakout fails, yields retrace to test lower fib levels.
## Key takeaway

US10Y yield and DXY could align or reverse as yields test 161.8% Fibonacci extension.