$DXY a signal for corporate bonds?

VCLTDXY

I think there is some negative relation between DXY and $VCLT.
Therefore watch out what the DXY is doing Since it seems that when it goes up VCLT goes down.
Dollar strength not good for long term corporate bonds it seems.
I imagine that it's because the market goes into short term treasury or longterm government bonds and avoids corporate bonds.


if anyone knows more let me know in the comments.


Rabbi.