# Yields price a higher Fed path, but the dollar, gold and yen chain is inferred

> On 12 November the US two-year Treasury yielded 4.86% and the ten-year 5.10%, both well above the 3.88% effective federal funds rate. Reports said the dollar hit a 19-month high, gold fell below $4,000 an ounce, and the yen touched 160 per dollar before rebounding.

- Date: 2026-11-14 · published 2026-11-15T06:15:24.371Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/100812-yields-price-a-higher-fed-path-but-the-dollar-gold-and-yen-chain-is-inferred
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Yields well above the policy rate point to expected further Fed hikes, which supports the dollar and weighs on gold. A stronger dollar and weaker yen raise the cost of dollar-priced commodities for importers in Japan and elsewhere.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-05-26 | [US Dollar: Higher yields and data keep Fed repricing in focus – MUFG](https://feedsoft.ai/events/19468-us-dollar-higher-yields-and-data-keep-fed-repricing-in-focus-mufg.md) | -0.1% | +1.5% |
| DXY | 2020-08-27 | [Gold dives 2% as dollar, yields gain after Fed comments](https://feedsoft.ai/events/51525-gold-dives-2-as-dollar-yields-gain-after-fed-comments.md) | -0.5% | +0.8% |
| DXY | 2025-01-29 | [Gold dips as dollar, yields climb after Fed stands pat on rates \| Reuters](https://feedsoft.ai/events/26412-gold-dips-as-dollar-yields-climb-after-fed-stands-pat-on-rates-reuters.md) | -0.1% | -0.8% |
| DXY | 2022-10-28 | [Gold down 1% as dollar, yields rise on Fed rate-hike bets](https://feedsoft.ai/events/39036-gold-down-1-as-dollar-yields-rise-on-fed-rate-hike-bets.md) | +1.2% | -2.4% |
| DXY | 2018-11-28 | [Gold markets: The Fed, dollar in focus](https://feedsoft.ai/events/61959-gold-markets-the-fed-dollar-in-focus.md) | -0.8% | -0.8% |

## Sources

- globalwealthreview.com: https://globalwealthreview.com/a/yields-price-a-higher-fed-path-but-the-dollar-gold-and-yen-chain-is-inferred

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