US and German bond yields have widened to levels not seen in almost 30 years

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Mar 1, 2018US/German bond yield gap widest in 20 years on diverging policy outlooks-0.1%
• Sep 16, 2022The loonie has fallen to its lowest level in almost two years — here's why | CBC News+1.0%
• May 31, 2023German inflation drops to lowest level in more than a year-0.5%
• Oct 1, 2026The Euro sells off hard as the French-German bond gap widens+0.2%
• Jul 1, 2024Rupee declines as uptick in US bond yields squeezes most Asian peers-0.7%

After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.

• Mar 1, 2018US/German bond yield gap widest in 20 years on diverging policy outlooks+1.5%
• May 31, 2023German inflation drops to lowest level in more than a year-0.3%
• Oct 1, 2026The Euro sells off hard as the French-German bond gap widens-1.4%
• Nov 14, 2016Dollar hits 13-1/2 year high, U.S. bond yields gain on Trump stimulus bets-2.6%
• Apr 28, 2021US Growth and Fed's Policy Outlook to Lift Yields Again, Lending Support to USD - ActionForex-0.5%