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US Treasury yields fell after the Federal Reserve cut rates for the third time in 2019 and signaled a possible pause. The 10-year yield was near 1.79% and the 2-year fell to 1.62%.
Lower yields reflect easier monetary policy and softer growth expectations, which can weigh on the dollar and influence commodity financing costs. The direct effect on feed commodity prices is limited.
cnbc.comThomas FranckOct 30, 2019After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
