◂ Event Timeline

Mar 3, 2020MACROUS

U.S. yields mixed after Fed cuts rates by 50 basis points in coronavirus move

US Treasury yields were mixed in choppy trading on March 3 after the Fed cut rates by 50 basis points. Long-dated yields were higher for most of the session, while short-dated bills and notes fell.

WHY IT MATTERS

Bond market moves after a rate cut show how investors are repricing growth and inflation risk. The direct effect on feed commodity prices is small.

AFFECTSUS Dollar (Broad)

SOURCE
reuters.comGertrude Chavez-DreyfussMar 3, 2020

Price reaction & history

US Dollar (Broad)no directional readSO FAR1d -0.3%5d +0.3%20d +5.5%

After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.

Mar 16, 2020Dollar dumped after Fed cut, ball in BOJ's court for next coronavirus move+3.7%
Oct 30, 2019US yields fall after the Fed cuts rates for the third time in 2019+0.1%
Jun 7, 2022Australia's central bank raises rates by 50 basis points+2.4%
Dec 18, 2024U.S. Federal Reserve cuts interest rates by another quarter point | CBC News+0.7%
Sep 18, 2019Fed cuts interest rates again, gives mixed signals on next move | Financial Post+0.2%

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.

US Dollar (Broad) DXY · GP ▸

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