# Rates Spark: The yield race to the top continues | articles | ING THINK

> US Treasury yields rose across the curve as T-bills priced in the debt ceiling deadline and an improving economic outlook. Sterling rates offered a pick-up over dollar equivalents, particularly at the front end.

- Date: 2023-04-19 · published 2023-04-19T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/36670-rates-spark-the-yield-race-to-the-top-continues-articles-ing-think
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher US yields tend to support the dollar, which can pressure dollar-priced commodities, though the effect here is indirect.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-10-03 | [The Commodities Feed: It’s all about the yields \| articles \| ING THINK](https://feedsoft.ai/events/33531-the-commodities-feed-it-s-all-about-the-yields-articles-ing-think.md) | -0.1% | +0.6% |
| DXY | 2019-03-08 | [FX: Dollar against the low yielders \| articles \| ING THINK](https://feedsoft.ai/events/60268-fx-dollar-against-the-low-yielders-articles-ing-think.md) | -0.6% | -0.5% |
| DXY | 2018-05-30 | [Why we’re forecasting the yuan to depreciate \| articles \| ING THINK](https://feedsoft.ai/events/65232-why-we-re-forecasting-the-yuan-to-depreciate-articles-ing-think.md) | +0.0% | +1.0% |
| DXY | 2019-11-28 | [EUR: The funding currency \| articles \| ING THINK](https://feedsoft.ai/events/56282-eur-the-funding-currency-articles-ing-think.md) | -0.6% | -1.8% |
| DXY | 2022-03-31 | [FX: Time to reconnect with rates and fundamentals \| articles \| ING THINK](https://feedsoft.ai/events/42467-fx-time-to-reconnect-with-rates-and-fundamentals-articles-ing-think.md) | +0.8% | +3.8% |

## Sources

- think.ing.com: https://think.ing.com/articles/rates-spark-the-race-to-the-stop-in-yields/

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