
Global stock indexes rose while the dollar and Treasury yields climbed as investors focused on interest rates. The dollar gained as traders took profits on bets it would weaken further, despite economic data suggesting the Fed could be finished raising rates.
The 10-year yield was still on pace for its biggest monthly drop since August.
Higher dollar strength is a headwind for US export prices in global markets. Lower long-term yields point to easier financial conditions that can support commodity demand.
After 2,356 past bullish macro events, DXY 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.