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US stock markets closed lower as technology shares fell while the 10-year Treasury yield reached a one-year high. Weekly jobless claims fell, and the market was uncertain about the outlook after storms in the South.
Long-end Treasury yields rose 11.5 basis points amid inflation bets and uncertainty over fiscal stimulus.
Higher long-term yields can tighten financial conditions and pressure equity-linked sectors. The direct impact on feed commodity prices is limited.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.