Why would increased inflation increase the value of the dollar and bond yields? I was reading this Fortune article (http://fortune.com/2016/11/14/donald-trump-victory-dollar-inflation/) and came across this confusing quote:

"'Clearly the market has settled on a 'buy dollar' theme on the basis there will be a debt-fueled U.S. fiscal binge that will push up inflation,' TD Securities European Head of Currency Strategy Ned Rumpeltin said. 

and the start of the article says that "the risk of faster inflation and wider budget deficits...sent Treasury and other benchmark global yields shooting higher."

Why would this be the case? Shouldn't it be the opposite (higher inflation-->less valuable dollar)? Or are markets anticipating the Fed to more aggressively raise the interest rate?
My interpretation of the argument is that real GDP is also supposed to rise, not just inflation. Increased growth makes US dollar assets more attractive, hence drawing portfolio inflows. The rise in inflation is a side-effect of the scenario, and not the cause.