# GLOBAL MARKETS-Stocks try to recover from bond whiplash, dollar gains By Reuters

> Global stocks fell on February 26 as the 10-year Treasury yield touched 1.614%, its highest in a year. The dollar gained, and U.S. consumer spending rose by the most in seven months in January.

- Date: 2021-02-26 · published 2021-02-26T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/10601-global-markets-stocks-try-to-recover-from-bond-whiplash-dollar-gains-by-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher yields and a firmer dollar tighten conditions for dollar-priced commodities, while stronger consumer spending supports demand for animal protein.

## 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 | Global stock decline, 10-year yield at a one-year high and strong US spending data supported the dollar on the day. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-02-26 | [Stock markets roiled by global bond whiplash \| Reuters](https://feedsoft.ai/events/9588-stock-markets-roiled-by-global-bond-whiplash-reuters.md) | +0.7% | +1.9% |
| DXY | 2020-12-31 | [GLOBAL MARKETS Wall Street inches higher, dollar gains as tumultuous year nears finish line \| Reuters](https://feedsoft.ai/events/49842-global-markets-wall-street-inches-higher-dollar-gains-as-tumultuous-year-nears.md) | -0.0% | +1.0% |
| DXY | 2021-02-26 | [Globals stock slide on inflation fears, dollar gains \| Reuters](https://feedsoft.ai/events/9587-globals-stock-slide-on-inflation-fears-dollar-gains-reuters.md) | +0.7% | +1.9% |
| DXY | 2021-06-17 | [Global Markets: Tech shares buck trend as hawkish Fed weighs on global stock markets \| Reuters](https://feedsoft.ai/events/46776-global-markets-tech-shares-buck-trend-as-hawkish-fed-weighs-on-global-stock.md) | +1.1% | +1.7% |
| DXY | 2020-09-16 | [Global shares slip, dollar gains as Fed sticks to agenda of near-zero rates \| Reuters](https://feedsoft.ai/events/51031-global-shares-slip-dollar-gains-as-fed-sticks-to-agenda-of-near-zero-rates.md) | +0.8% | +0.1% |

## Sources

- in.investing.com: https://in.investing.com/news/global-marketsstocks-try-to-recover-from-bond-whiplash-dollar-gains-2627820

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