# The U.S. Dollar's Bond Market Bust-Up from a Trade-weighted Angle

> The ICE Dollar Index rose more than half a percent on February 26 as risk currencies sold off following a bond market rout. The gain was smaller on a trade-weighted basis, and the dollar strengthened against the euro, pound and commodity currencies.

- Date: 2021-02-26 · published 2021-02-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/10597-the-u-s-dollar-s-bond-market-bust-up-from-a-trade-weighted-angle
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The risk-off move and firmer dollar weigh on commodity-linked currencies and dollar-priced agricultural markets.

## 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 | Directly describes the Feb 26 dollar gain against the euro, pound and commodity currencies after the bond rout, the same day as the move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-26 | [Fed’s Trade-Weighted Dollar Gauge Eclipses High From March 2020 - Bloomberg](https://feedsoft.ai/events/10325-fed-s-trade-weighted-dollar-gauge-eclipses-high-from-march-2020-bloomberg.md) | +0.2% | +0.6% |
| DXY | 2018-10-01 | [Gold markets: Dollar, the Fed, trade in focus](https://feedsoft.ai/events/62443-gold-markets-dollar-the-fed-trade-in-focus.md) | +0.7% | +1.8% |
| DXY | 2018-04-27 | [And The U.S. Dollar?](https://feedsoft.ai/events/65691-and-the-u-s-dollar.md) | +0.7% | +1.9% |
| DXY | 2024-04-29 | [A Strong U.S. Dollar Weighs on the World](https://feedsoft.ai/events/30905-a-strong-u-s-dollar-weighs-on-the-world.md) | -0.7% | -1.1% |
| DXY | 2020-08-28 | [Fed Shift Boosts U.S. Dollar, But Asian Markets Shrug](https://feedsoft.ai/events/51529-fed-shift-boosts-u-s-dollar-but-asian-markets-shrug.md) | -0.5% | +1.0% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/usd/15070-the-u-s-dollar-s-bond-market-bust-up-from-a-trade-weighted-angle

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