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The dollar index lifted off a seven-week low on February 25 as 10-year Treasury yields jumped to about 1.6% after a weak auction of 7-year notes. Analysts linked the bond move to growth and inflation expectations and to possible central bank policy changes.
Rising yields and a firmer dollar tighten financial conditions and can weigh on commodity prices priced in dollars.
cnbc.comReutersFeb 25, 2021After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
The Feb 25 Treasury yield spike after a weak auction set up the dollar rebound that carried into Feb 26.
