Bond yields fall nearly 10 bps as crude slides, rupee gains against dollar

After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.

• Sep 27, 2019Rupee rallies to nearly 2-month high as crude subsides | Rupee rallies to nearly 2-month high as crude subsides-7.3%
• Aug 25, 2026Rupee leads Asian currencies; bond yields ease as crude slips below $90 | Markets News - Business Standard-0.6%
• Jun 14, 2022Fed risk drubs stocks; dollar, bond yields soar | Reuters-7.7%
• Feb 27, 2020Rupee strengthens against USD amid easing crude oil prices-5.0%
• Feb 2, 2018Oil prices fall as US stock market slumps and dollar strengthens-6.3%

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Mar 27, 2020Ringgit extends gains against US dollar in early session | FMT+37.1%
• Jul 5, 2022Euro Hits 20-Year Low Against Dollar as Markets Slide - The New York Times-3.9%
• Apr 21, 2021Canadian dollar sees biggest drop in nearly 2 months as oil falls+0.7%
• Dec 15, 2021Canadian dollar at nearly 3-month low as oil prices fall | Reuters+0.7%
• Jan 29, 2019How the rupee strengthened against the U.S. dollar - The Hindu+5.2%

Not enough comparable past events yet for a historical read.

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Nov 6, 2017U.S. Dollar Slides Against Emerging Markets on Low Yields - WSJ-0.1%
• Nov 28, 2022Dollar weakens as U.S. bond yields drop-1.1%
• Jun 21, 2019Dollar extends losses to 2-week low as US bond yields fall-0.1%
• May 31, 2024Dollar Drops as Bond Yields Fall on Hopeful US Inflation Report+0.3%
• Oct 11, 2018Dollar slips on stock losses, lower bond yields-0.4%