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U.S. Treasury yields fell to their lowest levels in more than eight months after the Fed raised rates and lowered its projections. Fed Chair Powell said the balance sheet reduction would continue on autopilot.
Lower yields signal weaker growth expectations, which can reduce demand for commodities and pressure prices.
reuters.comKaren BrettellDec 19, 2018After 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.
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.
