Mitsubishi UFJ analysts reported on May 13 that the U.S. dollar could strengthen further in the coming days and weeks, potentially moving in tandem with U.S. Treasury yields. According to Jin10, this trend may become more pronounced if the conflict in Iran remains unresolved and the Strait of Hormuz continues to be closed. The analysts highlighted that current market enthusiasm surrounding artificial intelligence serves as a crucial hedge against stock market correction risks. Typically, a stock market adjustment would benefit the dollar. However, they cautioned that if yields continue to rise due to inflation concerns, the market momentum related to artificial intelligence might weaken. The report stated, "Therefore, increased volatility from rising U.S. yields is a key risk, and this environment is likely to drive the dollar further upward."