# Markets wrestle with reflation prospects: BIS Quarterly Review | Bank for International Settlements

> The BIS Quarterly Review for March 2021 reported that risky assets strengthened as prospects for a stronger recovery lifted prices. Government yield curves steepened in the United States and Europe as investors priced in higher inflation and fiscal support. Sentiment toward emerging-market assets, particularly in East Asia, stayed favorable.

- Date: 2021-03-01 · published 2021-03-01T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/10065-markets-wrestle-with-reflation-prospects-bis-quarterly-review-bank-for
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Steeper yield curves and expected inflation support commodity prices, but rising bond yields raise the cost of carrying feed inventories and financing livestock operations. Strong emerging-market flows can support demand for imported feed in East Asia.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-19 | [Press release: Markets swing on changing perceptions of the policy outlook: BIS Quarterly Review](https://feedsoft.ai/events/10324-press-release-markets-swing-on-changing-perceptions-of-the-policy-outlook-bis.md) | +1.9% | +2.2% |
| DXY | 2019-02-14 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/60505-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | -0.6% | -0.3% |
| DXY | 2022-02-10 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/42874-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | -0.1% | +1.7% |
| DXY | 2023-02-09 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/37521-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | +0.3% | +1.1% |
| DXY | 2020-02-13 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/54509-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | +0.8% | +3.6% |

## Sources

- bis.org: https://www.bis.org/media-releases/20210301-markets-wrestle-reflation-prospects-bis-quarterly-review

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