# Treasury yields slide as Russia invades Ukraine

> Treasury yields fell as Russia invaded Ukraine on February 24. The dollar gained almost 1% against major currencies, and oil briefly rose more than 7% before trimming gains with risk assets.

- Date: 2022-02-24 · published 2022-02-24T12:00:00.000Z
- Category: geopolitics · region Global · magnitude high
- Page: https://feedsoft.ai/events/42877-treasury-yields-slide-as-russia-invades-ukraine
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The invasion lifts energy and grain risk premia and boosts safe-haven demand for the dollar, with oil spikes feeding through to feed and biofuel input costs.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2022-02-24 | [Canadian dollar hits two-month low as Russia invades Ukraine - The Globe and Mail](https://feedsoft.ai/events/42918-canadian-dollar-hits-two-month-low-as-russia-invades-ukraine-the-globe-and-mail.md) | +20.2% | +24.7% |
| WTI | 2022-02-23 | [Shipping braces for impact as Russia-Ukraine crisis intensifies](https://feedsoft.ai/events/42613-shipping-braces-for-impact-as-russia-ukraine-crisis-intensifies.md) | +12.4% | +20.7% |
| WTI | 2022-03-07 | [Euro slides as war in Ukraine stokes fears of inflationary shock](https://feedsoft.ai/events/8258-euro-slides-as-war-in-ukraine-stokes-fears-of-inflationary-shock.md) | -5.5% | -14.2% |
| WTI | 2024-11-21 | [Oil rises 2% on supply worries as Russia-Ukraine war escalates](https://feedsoft.ai/events/27585-oil-rises-2-on-supply-worries-as-russia-ukraine-war-escalates.md) | -0.3% | +1.3% |
| WTI | 2026-08-25 | [Grain exports stall as Ukraine steps up attacks on Russia](https://feedsoft.ai/events/14094-grain-exports-stall-as-ukraine-steps-up-attacks-on-russia.md) | -0.0% | +20.3% |
| BRENT | 2022-02-24 | [Canadian dollar hits two-month low as Russia invades Ukraine - The Globe and Mail](https://feedsoft.ai/events/42918-canadian-dollar-hits-two-month-low-as-russia-invades-ukraine-the-globe-and-mail.md) | +18.2% | +27.0% |
| BRENT | 2022-02-23 | [Shipping braces for impact as Russia-Ukraine crisis intensifies](https://feedsoft.ai/events/42613-shipping-braces-for-impact-as-russia-ukraine-crisis-intensifies.md) | +10.4% | +21.2% |
| BRENT | 2022-03-01 | [Euro falls to lowest since June 2020 as Russia's invasion of Ukraine picks up](https://feedsoft.ai/events/8259-euro-falls-to-lowest-since-june-2020-as-russia-s-invasion-of-ukraine-picks-up.md) | +23.6% | +11.2% |

## Sources

- reuters.com: https://www.reuters.com/business/us-treasury-yields-slide-russia-launches-ukraine-invasion-2022-02-24/

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