# Breakouts in US bond markets – a tailwind for the USD

> Analysis notes resilient US economic data and rising Treasury yields across the curve. The dollar index is described as constructive and pushing toward 103.50 with markets pricing a July hike.

- Date: 2023-06-30 · published 2023-06-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/35677-breakouts-in-us-bond-markets-a-tailwind-for-the-usd
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising US real yields tighten financial conditions and tend to support the dollar, which weighs on dollar-priced commodities.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-10-30 | [Why breakouts in the dollar, Treasurys matter for the broader market](https://feedsoft.ai/events/68656-why-breakouts-in-the-dollar-treasurys-matter-for-the-broader-market.md) | -0.2% | -1.6% |
| DXY | 2018-11-28 | [Gold markets: The Fed, dollar in focus](https://feedsoft.ai/events/61959-gold-markets-the-fed-dollar-in-focus.md) | -0.8% | -0.8% |
| DXY | 2018-11-12 | [Forex market: Fed, Brexit and dollar in focus](https://feedsoft.ai/events/62251-forex-market-fed-brexit-and-dollar-in-focus.md) | -0.4% | -0.2% |
| DXY | 2018-10-01 | [Gold markets: Dollar, the Fed, trade in focus](https://feedsoft.ai/events/62443-gold-markets-dollar-the-fed-trade-in-focus.md) | +0.7% | +1.8% |
| DXY | 2021-03-15 | [S. Korea to focus on stabilizing markets amid rising US bond yields - The Korea Herald](https://feedsoft.ai/events/48347-s-korea-to-focus-on-stabilizing-markets-amid-rising-us-bond-yields-the-korea.md) | -0.0% | +0.2% |

## Sources

- pepperstone.com: https://pepperstone.com/en-au/market-analysis/breakouts-in-us-bond-markets-a-tailwind-for-the-usd/

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