# U.S. dollar, bond yields rise after Trump promises tax plan

> The U.S. dollar and bond yields rose after President Trump said a major tax plan would be released within weeks. Investors have been awaiting details of his fiscal stimulus pledge, and the dollar had given back some earlier post-election gains.

- Date: 2017-02-09 · published 2017-02-09T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/72685-u-s-dollar-bond-yields-rise-after-trump-promises-tax-plan
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar on tax-plan expectations tends to pressure U.S. commodity prices and export competitiveness, while expectations of fiscal stimulus add some support to broader markets.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-08-12 | [Dollar rises after U.S. producer prices surge](https://feedsoft.ai/events/45757-dollar-rises-after-u-s-producer-prices-surge.md) | +0.4% | -0.2% |
| DXY | 2018-10-03 | [Australian dollar slammed after U.S. bond yields surge higher](https://feedsoft.ai/events/62788-australian-dollar-slammed-after-u-s-bond-yields-surge-higher.md) | +0.6% | +2.3% |
| DXY | 2016-12-14 | [U.S. bond yields, dollar gain, stocks fall after Fed rate hike](https://feedsoft.ai/events/73367-u-s-bond-yields-dollar-gain-stocks-fall-after-fed-rate-hike.md) | +1.6% | +0.9% |
| DXY | 2016-11-09 | [U.S. stocks, bond yields jump after Trump shock, Mexican peso falls](https://feedsoft.ai/events/8177-u-s-stocks-bond-yields-jump-after-trump-shock-mexican-peso-falls.md) | +3.1% | +3.3% |
| DXY | 2021-09-27 | [U.S. dollar gains, tracks rise in Treasury yields](https://feedsoft.ai/events/45255-u-s-dollar-gains-tracks-rise-in-treasury-yields.md) | +0.5% | -0.1% |

## Sources

- business-standard.com: https://www.business-standard.com/article/reuters/u-s-dollar-bond-yields-rise-after-trump-promises-tax-plan-117021000045_1.html

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