A Good Example of Interest Rate Parity

According to this piece in the NYTimes (registration required),

The euro briefly traded at $1.35 against the dollar, with traders around the world betting that the dollar would fall further next year.

and

But long-term interest rates, even though they remain extremely low, have been affected by the dollar's decline.

Analysts note that investors are now demanding higher yields from 10-year Treasury bonds than from comparable European bonds.