# US Treasury yields tick higher ahead of economic data

> The 10-year US Treasury yield reached 2.998 percent, its highest since January 2014, as markets anticipated further Fed rate increases. Analysts linked the move to easing geopolitical tensions and rising oil prices.

- Date: 2018-04-23 · published 2018-04-23T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/65436-us-treasury-yields-tick-higher-ahead-of-economic-data
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher yields and rate expectations tend to strengthen the dollar and raise financing costs for feedlots and farm credit, which can weigh on commodity demand.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-10-26 | [Euro drops after ECB trims stimulus; Treasury yields higher](https://feedsoft.ai/events/68670-euro-drops-after-ecb-trims-stimulus-treasury-yields-higher.md) | +0.4% | -1.2% |
| DXY | 2021-06-28 | [USD/JPY remains strong above 110.80 amid higher US Treasury yields — Octa](https://feedsoft.ai/events/46841-usd-jpy-remains-strong-above-110-80-amid-higher-us-treasury-yields-octa.md) | +0.5% | +1.1% |
| DXY | 2021-03-04 | [Rising US treasury yields pushing exchange rate higher - The Korea Times](https://feedsoft.ai/events/48348-rising-us-treasury-yields-pushing-exchange-rate-higher-the-korea-times.md) | +0.7% | +0.9% |
| DXY | 2024-10-29 | [Dollar peaks against yen ahead of US election and economic data \| Reuters](https://feedsoft.ai/events/28079-dollar-peaks-against-yen-ahead-of-us-election-and-economic-data-reuters.md) | -0.2% | +2.1% |
| DXY | 2024-01-25 | [GLOBAL MARKETS-Stocks edge higher while euro falls with US Treasury yields](https://feedsoft.ai/events/32345-global-markets-stocks-edge-higher-while-euro-falls-with-us-treasury-yields.md) | -0.0% | +0.5% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/04/23/bonds-and-fixed-income-data-auctions-on-the-agenda.html

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