Loading…
Benchmark 10-year bond yields in Germany, France and Italy rose to two-month highs on Friday after a Reuters report that the European Central Bank could discuss a 75 basis point hike at its September meeting. Yields also reflected hawkish signals from the Fed.
Higher European yields signal tighter financial conditions that can slow economic activity and weigh on demand for meat and feed, while supporting the euro.
reuters.comDhara RanasingheAug 26, 2022After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% 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.
