Loading…
US stock indexes and Treasury yields rose after the Fed's rate hike and its plan for further increases and balance sheet reduction. The 10-year yield briefly reached its highest level since 2019.
Higher yields and an aggressive rate path raise financing costs across the economy, which can slow demand for animal protein and feed over time. The immediate market effect is limited.
After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), 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.