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US Treasury yields climbed to their highest since late June after the Fed signaled it may begin tapering stimulus as soon as November and that rate increases could follow sooner than expected. The dollar gained alongside the rise in yields.
Higher US yields strengthen the dollar and raise financing costs, which can weigh on commodity prices and export demand.
reuters.comGertrude Chavez-DreyfussSep 27, 2021After 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.
