# Rising US treasury yields pushing exchange rate higher - The Korea Times

> The Korean won weakened about 6.7 won per dollar to 1,127 as rising 10-year US Treasury yields, at 1.47 percent, supported the dollar. Analysts said higher yields would slow the longer-term dollar depreciation.

- Date: 2021-03-04 · published 2021-03-04T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/48348-rising-us-treasury-yields-pushing-exchange-rate-higher-the-korea-times
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar against the won raises the cost of imported feed inputs for Korean buyers, while a firmer dollar generally weighs on dollar-priced grains and meals.

## Read by commodity

- DXY: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-10-01 | [S. Korean won weakens against US dollar on lingering worries over higher yields - The Korea Times](https://feedsoft.ai/events/17293-s-korean-won-weakens-against-us-dollar-on-lingering-worries-over-higher-yields.md) | +0.2% | +0.6% |
| DXY | 2018-04-23 | [US Treasury yields tick higher ahead of economic data](https://feedsoft.ai/events/65436-us-treasury-yields-tick-higher-ahead-of-economic-data.md) | +0.9% | +3.3% |
| DXY | 2025-02-28 | [USD/VND exchange rate reaches highest level in the past 5 years](https://feedsoft.ai/events/26385-usd-vnd-exchange-rate-reaches-highest-level-in-the-past-5-years.md) | -1.5% | -1.3% |
| DXY | 2021-01-19 | [Surging US Treasury yields to affect global FX market: vice minister - The Korea Herald](https://feedsoft.ai/events/49391-surging-us-treasury-yields-to-affect-global-fx-market-vice-minister-the-korea.md) | +0.1% | +0.5% |
| DXY | 2017-10-26 | [Euro drops after ECB trims stimulus; Treasury yields higher](https://feedsoft.ai/events/68670-euro-drops-after-ecb-trims-stimulus-treasury-yields-higher.md) | +0.4% | -1.2% |

## Sources

- koreatimes.co.kr: https://www.koreatimes.co.kr/economy/20210304/rising-us-treasury-yields-pushing-exchange-rate-higher

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