# Looking to curb yield rise, ECB reaffirms easy money pledge - Markets - Business Recorder

> ECB board members Isabel Schnabel and Philip Lane pledged to keep borrowing costs low as euro area bond yields rose, partly driven by US Treasury yields. Schnabel said the focus should be on real rates, warning that an abrupt rise could jeopardise recovery. The comments had little immediate market effect.

- Date: 2021-02-25 · published 2021-02-25T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/48856-looking-to-curb-yield-rise-ecb-reaffirms-easy-money-pledge-markets-business
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising yields and a firmer dollar tighten global financial conditions, a macro headwind that can pressure commodity prices and emerging-market currencies.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-02-22 | [US money markets bringing forward Fed rate hike bets to end-2022 - Markets - Business Recorder](https://feedsoft.ai/events/48546-us-money-markets-bringing-forward-fed-rate-hike-bets-to-end-2022-markets.md) | +1.0% | +1.1% |
| DXY | 2021-09-28 | [Dollar hits 10-1/2-month high as Treasury yields surge - Markets - Business Recorder](https://feedsoft.ai/events/45256-dollar-hits-10-1-2-month-high-as-treasury-yields-surge-markets-business-recorder.md) | +0.5% | -0.1% |
| DXY | 2023-09-28 | [Indian rupee poised to test record low as oil prices, US yields climb - Markets - Business Recorder](https://feedsoft.ai/events/34393-indian-rupee-poised-to-test-record-low-as-oil-prices-us-yields-climb-markets.md) | +0.5% | +0.8% |
| DXY | 2021-06-17 | [Yuan eases to 3-week low after Fed takes more hawkish outlook - Markets - Business Recorder](https://feedsoft.ai/events/7119-yuan-eases-to-3-week-low-after-fed-takes-more-hawkish-outlook-markets-business.md) | +1.1% | +1.7% |
| DXY | 2021-01-11 | [China's yuan eases to 1-week low to reflect dollar rebound - Markets - Business Recorder](https://feedsoft.ai/events/49365-china-s-yuan-eases-to-1-week-low-to-reflect-dollar-rebound-markets-business.md) | +0.2% | +0.4% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40067982

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