The USD and treasury yields are expected to rise further. Why?

https://corporate.nordea.com/article/64296/fx-weekly-a-20-stronger-usd-on-the-cards

The USD is expected to rise 20% year-on-year.  Why?

Basically, the US is expected to experience a great 2021 because of Biden's stimulus (US$1.9T).

We can see that US GDP has been revised higher.

Therefore, the USD index will have to do a catch-up sooner or later to meet this GDP growth expectation.

The US-Japan yield differential will also provide the oomph for the USD.

We had already stated this differential in our previous post below.

http://sg-stock.blogspot.com/2021/03/lets-get-into-minds-of-fund-managers.html