# Yields fall as Fed's Powell says balance sheet reduction on auto pilot

> 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.

- Date: 2018-12-19 · published 2018-12-19T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/61492-yields-fall-as-fed-s-powell-says-balance-sheet-reduction-on-auto-pilot
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower yields signal weaker growth expectations, which can reduce demand for commodities and pressure prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-06-14 | [Dollar surges as hawkish Fed raises rates maintains rate outlook talks balance sheet reduction](https://feedsoft.ai/events/10196-dollar-surges-as-hawkish-fed-raises-rates-maintains-rate-outlook-talks-balance.md) | +0.6% | -0.9% |
| DXY | 2023-11-30 | [US dollar falls on dovish remarks by Fed's Powell](https://feedsoft.ai/events/32901-us-dollar-falls-on-dovish-remarks-by-fed-s-powell.md) | +0.6% | -1.2% |
| DXY | 2018-11-28 | [Dollar drops as Fed's Powell says rates near neutral](https://feedsoft.ai/events/62245-dollar-drops-as-fed-s-powell-says-rates-near-neutral.md) | -0.8% | -0.8% |
| DXY | 2025-02-11 | [Dollar falls as tariff concerns ease, Fed's Powell stays patient on rate cuts \| Reuters](https://feedsoft.ai/events/25966-dollar-falls-as-tariff-concerns-ease-fed-s-powell-stays-patient-on-rate-cuts.md) | -1.0% | -2.0% |
| DXY | 2017-09-20 | [Fed holds interest rates and announces normalization of balance sheet next month](https://feedsoft.ai/events/69148-fed-holds-interest-rates-and-announces-normalization-of-balance-sheet-next-month.md) | +1.1% | +1.9% |

## Sources

- reuters.com: https://www.reuters.com/article/markets/us/yields-fall-as-feds-powell-says-balance-sheet-reduction-on-auto-pilot-idUSL1N1YO1RJ/

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