# Fresh from the Trading Room - CME Group

> The Fed raised rates another 75 basis points at its September meeting and signaled more increases ahead. US 2-year Treasury yields have climbed to about 4%, and equities are near June lows.

- Date: 2022-09-28 · published 2022-09-28T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/39715-fresh-from-the-trading-room-cme-group
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tighter monetary policy strengthens the dollar and raises recession risk, which tends to pressure commodity prices and reduce demand for beef and grain-based feed.

## Read by commodity

- DXY: bullish ▲
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-08-14 | [Thailand shielded from Turkey rout](https://feedsoft.ai/events/63794-thailand-shielded-from-turkey-rout.md) | -0.4% | -0.1% |
| DXY | 2018-06-29 | [Market rout sends African assets from the rand to bonds reeling - Moneyweb](https://feedsoft.ai/events/64817-market-rout-sends-african-assets-from-the-rand-to-bonds-reeling-moneyweb.md) | -1.1% | -0.9% |
| DXY | 2021-02-26 | [The U.S. Dollar's Bond Market Bust-Up from a Trade-weighted Angle](https://feedsoft.ai/events/10597-the-u-s-dollar-s-bond-market-bust-up-from-a-trade-weighted-angle.md) | +0.7% | +1.9% |
| DXY | 2026-05-12 | [This is what’s really driving the commodity complex and the precious metals rally – CME Group \| Kitco News](https://feedsoft.ai/events/19170-this-is-what-s-really-driving-the-commodity-complex-and-the-precious-metals.md) | +0.8% | +1.6% |
| DXY | 2018-09-30 | [Is the US dollar heading for a crash?  \| The National](https://feedsoft.ai/events/63245-is-the-us-dollar-heading-for-a-crash-the-national.md) | +0.7% | +1.8% |
| CORN | 2022-07-26 | [Inflation-Hit Consumers Are Trading Down to Chicken From Beef - Bloomberg](https://feedsoft.ai/events/40642-inflation-hit-consumers-are-trading-down-to-chicken-from-beef-bloomberg.md) | +6.6% | +4.6% |
| CORN | 2016-11-22 | [Covering the Floor Price](https://feedsoft.ai/events/73883-covering-the-floor-price.md) | -3.6% | -0.8% |
| CORN | 2017-02-08 | [Keeping Canada competitive in the international grain trade](https://feedsoft.ai/events/72454-keeping-canada-competitive-in-the-international-grain-trade.md) | +0.9% | +0.3% |

## Sources

- cmegroup.com: https://www.cmegroup.com/newsletters/fresh-from-the-trading-room/2022-09-28.html

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