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Analysts note that rising US Treasury yields, which reached seven-year highs, have historically weighed on the dollar over the longer term. The US debt load is projected to rise sharply over the coming decade.
A longer-term dollar weakening would modestly lift dollar-priced commodities, but the outlook is speculative and the impact on feed prices is limited.
theglobeandmail.comKaren BrettellOct 18, 2018After 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.
