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The Fed signaled it is likely to raise rates in March and end bond purchases that month before a major balance sheet reduction. Stocks fell and Treasury yields rose, and the dollar index rose 0.58% to a three-week high.
A firmer dollar and higher yields weigh on dollar-denominated commodity prices and encourage capital to shift away from hard assets.
reuters.comPete SchroederJan 27, 2022After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
