US rates (10yr) and the USD (DXY) are no longer disconnected. Yes, there was a temporary breakdown in April/May. Of late, the daily correlation is back to the strongest levels over the past few years. Expect rates, the USD, and the Fed to continue following the flow of inflation and employment data as long as we don't see another exogenous disruption. My 2c, we'll see modestly higher rates and a stronger dollar over the next 2 months.