# Dollar gains with yields, U.S. growth seen likely to outperform

> The dollar gained as investors priced in stronger U.S. growth relative to other regions, while the Japanese yen weakened to a seven-month low. Benchmark 10-year Treasury yields rose to 1.469%, below a one-year high of 1.614% reached the prior week. Bets on U.S. growth and inflation rose as the government prepared new fiscal stimulus.

- Date: 2021-03-03 · published 2021-03-03T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/10060-dollar-gains-with-yields-u-s-growth-seen-likely-to-outperform
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A firmer dollar makes U.S. feed commodities less competitive in export markets and can pressure grain and oilseed prices in dollar terms. Higher yields also raise financing costs for feed buyers and livestock producers.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-04-28 | [US dollar, yields look set to close the gap with commodities](https://feedsoft.ai/events/30630-us-dollar-yields-look-set-to-close-the-gap-with-commodities.md) | -0.7% | -1.1% |
| DXY | 2021-09-27 | [U.S. dollar gains, tracks rise in Treasury yields](https://feedsoft.ai/events/45255-u-s-dollar-gains-tracks-rise-in-treasury-yields.md) | +0.5% | -0.1% |
| DXY | 2022-10-19 | [Dollar gains with Treasury yields, sterling tumbles on hot inflation](https://feedsoft.ai/events/39400-dollar-gains-with-treasury-yields-sterling-tumbles-on-hot-inflation.md) | -0.4% | -3.6% |
| DXY | 2021-03-08 | [Dollar at 3-1/2-month high on firmer yields, U.S. growth \| Reuters](https://feedsoft.ai/events/48311-dollar-at-3-1-2-month-high-on-firmer-yields-u-s-growth-reuters.md) | -0.6% | -0.0% |
| DXY | 2021-02-25 | [Dollar firms on sudden spike in U.S. Treasury yields](https://feedsoft.ai/events/10596-dollar-firms-on-sudden-spike-in-u-s-treasury-yields.md) | +0.9% | +1.7% |

## Sources

- reuters.com: https://www.reuters.com/article/us-global-forex/dollar-slips-as-bond-yields-drop-and-investor-sentiment-strengthens-idUSKBN2AV069/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.