# Weekly Analysis: Outside Markets

> The 10-year Treasury yield rose to a seven-year high of 3.225% in early October, helped by Fed growth estimates and a strong jobs report. Spot New York ULSD futures reached their highest level in nearly four years, driven by falling crude supply, Venezuela, Libya and upcoming US sanctions on Iranian oil.

- Date: 2018-10-08 · published 2018-10-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62736-weekly-analysis-outside-markets
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising yields are a bearish influence on commodity prices in general, while higher diesel prices raise the cost of feed transport and farm operations.

## Read by commodity

- DXY: neutral
- DIESEL: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2018/10/08/weekly-analysis-outside-markets

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