# Why breakouts in the dollar, Treasurys matter for the broader market

> The US dollar index and the 10-year Treasury yield both broke above levels that had acted as resistance. The 10-year yield then pulled back from seven-month highs after reports that President Trump would pick a relatively hawkish Fed chair.

- Date: 2017-10-30 · published 2017-10-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/68656-why-breakouts-in-the-dollar-treasurys-matter-for-the-broader-market
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and higher rates weigh on dollar-denominated commodity prices and emerging-market demand, while supporting financial stocks. For feed buyers, a firmer dollar tends to pressure grain and oilseed prices at the margin.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-06-30 | [Breakouts in US bond markets – a tailwind for the USD](https://feedsoft.ai/events/35677-breakouts-in-us-bond-markets-a-tailwind-for-the-usd.md) | -0.4% | -1.5% |
| DXY | 2018-10-01 | [Gold markets: Dollar, the Fed, trade in focus](https://feedsoft.ai/events/62443-gold-markets-dollar-the-fed-trade-in-focus.md) | +0.7% | +1.8% |
| DXY | 2016-12-23 | [Market braces for stronger dollar - The Korea Times](https://feedsoft.ai/events/73675-market-braces-for-stronger-dollar-the-korea-times.md) | -0.4% | -1.6% |
| DXY | 2018-11-28 | [Gold markets: The Fed, dollar in focus](https://feedsoft.ai/events/61959-gold-markets-the-fed-dollar-in-focus.md) | -0.8% | -0.8% |
| DXY | 2018-11-12 | [Forex market: Fed, Brexit and dollar in focus](https://feedsoft.ai/events/62251-forex-market-fed-brexit-and-dollar-in-focus.md) | -0.4% | -0.2% |

## Sources

- cnbc.com: https://www.cnbc.com/2017/10/30/why-breakouts-in-the-dollar-treasurys-matter-for-the-broader-market.html

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