# Meeting of 10-11 March 2021

> The European Central Bank published the account of its 10-11 March 2021 monetary policy meeting. Officials noted rising long-term bond yields driven mainly by higher term premia and a larger inflation risk premium.

- Date: 2021-04-08 · published 2021-04-08T12:00:00.000Z
- Category: macro · region Euro area · magnitude low
- Page: https://feedsoft.ai/events/47822-meeting-of-10-11-march-2021
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Higher inflation expectations and bond yields point to a tighter monetary backdrop, but the account contains no direct signal for feed grain or oilseed supply and demand.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2020-08-20 | [Meeting of 15-16 July 2020](https://feedsoft.ai/events/51824-meeting-of-15-16-july-2020.md) | -0.7% | -0.6% |
| EURUSD | 2020-06-25 | [Meeting of 3-4 June 2020](https://feedsoft.ai/events/52842-meeting-of-3-4-june-2020.md) | -0.1% | +3.1% |
| EURUSD | 2020-05-22 | [Meeting of 29-30 April 2020](https://feedsoft.ai/events/53351-meeting-of-29-30-april-2020.md) | +1.4% | +2.2% |
| EURUSD | 2022-10-06 | [Meeting of 7-8 September 2022](https://feedsoft.ai/events/39363-meeting-of-7-8-september-2022.md) | -0.9% | -1.1% |
| EURUSD | 2022-03-10 | [Best day in 5-years for EUR/USD ahead of the March ECB meeting](https://feedsoft.ai/events/9525-best-day-in-5-years-for-eur-usd-ahead-of-the-march-ecb-meeting.md) | -0.7% | -1.4% |

## Sources

- ecb.europa.eu: https://www.ecb.europa.eu/press/accounts/2021/html/ecb.mg210408~46b9deaa4a.en.html

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