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Bond yields rose after Yellen's hawkish remarks, decades-low jobless claims, and an 11.3 percent jump in housing starts. Markets expect Trump's tax and infrastructure plans to push yields higher once he takes office.
Higher US yields and a firmer dollar can pressure dollar-priced commodities. The effect on feed prices is indirect.
cnbc.comPatti DommJan 19, 2017After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
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.
