
The Fed held its 3.75-4.00% target range in October, but long-term Treasury yields rose, with the 10-year near 4.96% and the 30-year at 5.31%. Fiscal deficits and heavy corporate debt issuance are pushing up real yields.
Bitcoin has fallen 28% year to date while the dollar index is near 102.
A wide gap between long-term yields and the policy rate affects dollar strength and capital flows. For feed buyers, the main link is that currency moves and financing costs feed into import prices.
After 4,478 past macro events, DXY moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% 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.