Loading…
South Korea's finance ministry said it will step up efforts to smooth foreign exchange volatility and capital flows as rising US Treasury yields could increase market swings. The 10-year US Treasury yield had risen close to 1.6 percent on recovery and inflation hopes.
Rising US yields tend to strengthen the dollar and pressure emerging-market currencies, which can raise the local cost of imported feed ingredients.
koreaherald.comYonhapMar 15, 2021Not enough comparable past events yet for a historical read.
After 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.
