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Emerging-market currencies and stocks slipped as US 10-year Treasury yields reached their highest since 2007 and markets priced close to a 70% chance of an October Fed hike. The rand fell 0.4% to a seven-week low even after the South African central bank raised its policy rate by 25 basis points.
Higher US yields and a stronger dollar raise borrowing costs for emerging-market importers and can pressure dollar-priced grain and oilseed demand in those markets.
Not enough comparable past events yet for a historical read.
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.