# Global shares flat, US yields fall after Fed delivers rate hike

> Global shares were mostly flat and US yields fell after the Fed delivered its 11th consecutive rate hike to 5.25%-5.50%. The Fed left the door open to further hikes while it reviews economic data.

- Date: 2023-07-26 · published 2023-07-26T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/34958-global-shares-flat-us-yields-fall-after-fed-delivers-rate-hike
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower yields and a softer dollar after the hike modestly support commodity prices, though the move was small and expected.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-10-30 | [US yields fall after the Fed cuts rates for the third time in 2019](https://feedsoft.ai/events/56486-us-yields-fall-after-the-fed-cuts-rates-for-the-third-time-in-2019.md) | +0.1% | +1.0% |
| DXY | 2022-11-02 | [US dollar falls broadly after the Fed hints at a slower pace of rate hikes](https://feedsoft.ai/events/38845-us-dollar-falls-broadly-after-the-fed-hints-at-a-slower-pace-of-rate-hikes.md) | -1.4% | -4.2% |
| DXY | 2024-11-07 | [Gold holds firm after US Fed rate cut, softer dollar](https://feedsoft.ai/events/27332-gold-holds-firm-after-us-fed-rate-cut-softer-dollar.md) | +1.0% | +0.8% |
| DXY | 2023-12-13 | [Gold climbs over 1% after Fed signals end of rate hikes \| Reuters](https://feedsoft.ai/events/32470-gold-climbs-over-1-after-fed-signals-end-of-rate-hikes-reuters.md) | -1.0% | -0.7% |
| DXY | 2022-03-18 | [Why traders sell dollars after Fed vowed to aggressively hike rates? - CGTN](https://feedsoft.ai/events/42439-why-traders-sell-dollars-after-fed-vowed-to-aggressively-hike-rates-cgtn.md) | -0.1% | +0.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/global-markets-wrapup-1-2023-07-26/

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