# Dollar hits 10-1/2-month high as Treasury yields surge - Markets - Business Recorder

> The US dollar climbed to its highest level in more than 10 months on Tuesday as Treasury yields surged. The 10-year yield hit a three-month peak near 1.54%, while the yen, euro and sterling weakened against the dollar.

- Date: 2021-09-28 · published 2021-09-28T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/45256-dollar-hits-10-1-2-month-high-as-treasury-yields-surge-markets-business-recorder
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar driven by rising yields makes US farm exports pricier abroad and tends to pressure grain and oilseed prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-09-26 | [Australia, NZ dollars resilient as US yields surge - Markets - Business Recorder](https://feedsoft.ai/events/34381-australia-nz-dollars-resilient-as-us-yields-surge-markets-business-recorder.md) | +0.8% | +1.3% |
| DXY | 2023-09-28 | [Dollar index powers to 10-month high - Business & Finance - Business Recorder](https://feedsoft.ai/events/34310-dollar-index-powers-to-10-month-high-business-and-finance-business-recorder.md) | +0.5% | +0.8% |
| DXY | 2023-09-25 | [Sterling hits fresh multi-month lows on dollar and euro - Markets - Business Recorder](https://feedsoft.ai/events/34356-sterling-hits-fresh-multi-month-lows-on-dollar-and-euro-markets-business.md) | +0.6% | +1.4% |
| DXY | 2026-09-28 | [Asian currencies: Thai baht hits two-month low as oil prices surge - Markets - Business Recorder](https://feedsoft.ai/events/17732-asian-currencies-thai-baht-hits-two-month-low-as-oil-prices-surge-markets.md) | +0.9% | +1.1% |
| DXY | 2016-11-13 | [Australia, NZ dollars hit 1-month lows as USD, US bond yields surge - The Business Times](https://feedsoft.ai/events/74098-australia-nz-dollars-hit-1-month-lows-as-usd-us-bond-yields-surge-the-business.md) | +1.4% | +0.8% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40123211

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