# Dollar Rises With Higher U.S. Yields, Sterling Slumps - Babypips.com

> The dollar index rose to 89.877 after touching a one-week peak, driven by higher US bond yields and expectations of further Federal Reserve rate increases. The two-year Treasury yield reached 2.436%, its highest since September 2008, while sterling fell to a near two-week low after dovish remarks from the Bank of England.

- Date: 2018-04-19 · published 2018-04-19T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/65767-dollar-rises-with-higher-u-s-yields-sterling-slumps-babypips-com
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Higher US yields and a stronger dollar raise the cost of US grain and meal exports for foreign buyers, which can pressure US feed commodity prices.

## Read by commodity

- DXY: bullish ▲
- GBPUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-05-11 | [Sterling dips as rising US yields lift dollar](https://feedsoft.ai/events/53388-sterling-dips-as-rising-us-yields-lift-dollar.md) | +0.9% | -3.2% |
| DXY | 2018-06-27 | [Sterling Falls As Dollar Rises, Doubts Return Over Interest Rate Rise - Babypips.com](https://feedsoft.ai/events/64782-sterling-falls-as-dollar-rises-doubts-return-over-interest-rate-rise-babypips.md) | +0.0% | -0.3% |
| DXY | 2022-11-17 | [Dollar rises with bets on hawkish Fed; sterling drops \| Reuters](https://feedsoft.ai/events/38594-dollar-rises-with-bets-on-hawkish-fed-sterling-drops-reuters.md) | +0.4% | -0.6% |
| DXY | 2017-02-09 | [U.S. dollar, bond yields rise after Trump promises tax plan](https://feedsoft.ai/events/72685-u-s-dollar-bond-yields-rise-after-trump-promises-tax-plan.md) | +0.1% | +0.7% |
| DXY | 2026-02-05 | [U.S. dollar hits two-week high, pound slumps after BoE holds rates](https://feedsoft.ai/events/20865-u-s-dollar-hits-two-week-high-pound-slumps-after-boe-holds-rates.md) | -0.7% | +1.1% |

## Sources

- babypips.com: https://www.babypips.com/news/dollar-rises-higher-u-s-yields-sterling-slumps

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