# Dollar firms after U.S. yield spike, hits six-month high versus yen | Reuters

> The U.S. dollar hit a fresh six-month high against the yen on February 26 and extended its rebound from three-year lows against the Aussie. The move followed a sharp overnight rise in U.S. bond yields driven by expectations of large fiscal stimulus and faster vaccinations.

- Date: 2021-02-26 · published 2021-02-26T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/10595-dollar-firms-after-u-s-yield-spike-hits-six-month-high-versus-yen-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar and higher U.S. yields make dollar-priced feed commodities more expensive for non-U.S. buyers and can pressure grain and meal prices.

## Read by commodity

- DXY: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2021-02-26 | 1 | +0.8% | 3.4 | Feb 26 dollar strength versus yen and Aussie driven by the overnight jump in US yields, which lifted the broad index. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-03-02 | [Dollar firms after U.S. labor data suggests more rate hikes \| Reuters](https://feedsoft.ai/events/37076-dollar-firms-after-u-s-labor-data-suggests-more-rate-hikes-reuters.md) | +0.7% | -0.8% |
| DXY | 2026-10-01 | [Dollar hits 17-month high versus euro as bond selloff lifts yields](https://feedsoft.ai/events/9653-dollar-hits-17-month-high-versus-euro-as-bond-selloff-lifts-yields.md) | +0.2% | +0.6% |
| DXY | 2021-11-11 | [Dollar rockets to 16-month highs after hot U.S. inflation; euro sinks \| Reuters](https://feedsoft.ai/events/11949-dollar-rockets-to-16-month-highs-after-hot-u-s-inflation-euro-sinks-reuters.md) | +0.8% | +1.2% |
| DXY | 2018-06-13 | [Dollar mostly firmer as Fed sees more U.S. rate hikes \| Reuters](https://feedsoft.ai/events/64708-dollar-mostly-firmer-as-fed-sees-more-u-s-rate-hikes-reuters.md) | +1.3% | +0.6% |

## Sources

- reuters.com: https://www.reuters.com/world/china/dollar-firms-after-us-yield-spike-hits-six-month-high-versus-yen-2021-02-26/

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