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German Bund futures opened lower on Monday, with the December Bund contract down 14 ticks to 122.29. Fitch cut France's rating outlook to negative, and the OAT-Bund spread sits near 160 basis points.
This is a bond market move with little direct link to feed grains, oilseeds or livestock prices. Its effect on feed commodity prices is indirect, mainly through euro and rate expectations.
finanzen.netDow JonesNov 2, 2026After 129 past neutral macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% 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.
